A rare opportunity in Brisbane's inner south, this elevated 814m² property comprises four fully self-contained units, offering strong holding income and exceptional potential for future development (STCA).
Situated within the Eastern Corridor Neighbourhood Plan and zoned CR2 Character (Infill Housing), the site is ideal for investors, developers, or multi-generational families. The town planner's design is already prepared, with the rear portion of the block (approx. 345m²) suitable for one to two additional dwellings or extensions to the existing building, subject to council approval.
The property is currently tenanted, providing immediate income while offering long-term growth potential.
Tenanted Property
Rates: $1,234.19 (01/04/2025 - 30/06/2025)
Water: $241.60 (01/04/2025 - 30/06/2025)
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Key Features
Unit 1
• 3 bedrooms, 1 bathroom
• Full kitchen
• Private, self-contained living
Unit 2
• 1 bedroom + study, 1 bathroom
• Ful
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