An unmissable opportunity, this exciting offering presents two adjoining blocks in high density zoning and sitting on a total of a huge 1,204m2 with approximately 32.5m street frontage. The options are endless, with so much potential for further development or investment, both properties are on separate titles and are currently tenanted.
This site has potential for higher density residential development comprising 35 two bedroom units across eight levels with further potential for mixed use development with ground and lower floor for non-residences uses, all STCA.
Sitting on the fringe of buzzing Logan Road with easy access to surrounding motorways and public transport, this key position ensures close proximity to Westfield Garden City, which holds the main southside transit centre providing hundreds of buses interconnecting this area to the greater districts everyday.
Upper Mount Gravatt is recognised as one the closest central district suburbs in close proximity to the CBD, where a shift of sub-urban to high density urban living is contributed to a high growth in this area. Already home to one of Brisbane largest shopping centres, Westfield Garden City and its surrounding corporate offices, this thriving position is the education and employment hub, which is why Upper Mount Gravatt has its competitive edge over surrounding areas.
This location also provides easy access to Sunnybank Hospital, QEII Hospital and Griffith University, both Nathan and Mount Gravatt campuses.
For buyers wanting to purchase an investment with fantastic development potential, this opportunity should be at the top of your list. Arrange an inspection today!
Disclaimer
This property is being sold by auction or 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.
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