Occupying 1,214sqm of prime inner-north land just 6.5km from the Brisbane CBD, this rare blue-chip block of units and development site presents an exceptional opportunity to land bank, collect holding income, or redevelop into up to six luxury townhouses, with a current DA already in place.
The property comprises an 8-unit complex, consisting of six two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units, offering immediate rental income while planning future redevelopment. With all units able to be occupied, investors and developers can generate strong cash flow in the short to medium term or retain the site as a long-term strategic holding.
Zoned LMR and boasting a generous 30m frontage and 40m depth, the site provides outstanding flexibility to clear and redevelop into new apartments, townhouses, multiple dwellings or a subdivision (STCA), capitalising on Wooloowin's tightly held inner-city location.Positioned within a major transport corridor, the property is just 650m from both Wooloowin and Eagle Junction train stations, with easy access to the Northern Busway and Airport Link. The Kedron Brook Bikeway is moments away, while local parks, cafes and lifestyle amenities are all within walking distance.
The location is further enhanced by proximity to leading schools and retail, including Eagle Junction State School (550m), Clayfield College (950m), St Rita's and St Margaret's (under 1.8km), Harris Farm Markets (1.5km) and Market Central Lutwyche (1.7km).
Key highlights include:
• Blue-chip block of units / development site on 1,214sqm
• Existing 8-unit complex: 6 2 bed 1 bath 1 car 2 1 bed 1 bath 1 car
• Current DA for 6 luxury townhouses
• Ideal to land bank, hold and rent, or redevelop
• LMR zoning, no existing strata
• 30m frontage x 40m depth
• 650m to Wooloowin & Eagle Junction train stations
• Close to Northern Busway, Airport Link & Kedron Brook Bikeway
• Surrounded by cafes, parks, schools and retail
• 12 minutes to Brisbane Airport, 14 minutes to the CBD
Contact Nick Kouparitsas on 0406 564 619 or Oliver Menkens on 0435 936 353 for more information or to arrange an inspection.
*We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
*This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
