607sqm Holding, 15-Storey Potential and $140k Income - 37DS

Description

Positioned in the heart of Spring Hill's medical and Olympic precinct, this high-yield mixed-use asset offers a rare combination of immediate cash flow and landmark development upside. The Opportunity: - Development Upside: Prime 607sqm site with DC1 District Centre zoning, allowing for up to 15 storeys (STCA). - Strong Holding Income: Diversified gross annual income exceeding $140,000. - Mixed-Use Profile: Two established retail tenancies plus two recently renovated residential units (2-bed & 3-bed). - 2032 Olympic Precinct: Direct proximity to Victoria Parkthe "centre stage" for the Brisbane 2032 Gamesand adjacent to St Andrew's War Memorial Hospital. - Turnkey Asset: Ample on-site parking and private driveway access in a tightly held inner-city pocket. This is a blue-chip acquisition for developers and land-bankers looking to capitalise on Brisbane's rapid growth and the infrastructure boom of the 2032 Olympics. Asking Price: $4,500,000 (Submit your best offer) Submissions close: 28th April at 5:00 PM Inspections by appointment. Contact us today to arrange a private viewing or request the information memorandum. Property Code: 5434