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Built circa 1925 this very tidy highset free-standing Queenslander provides an extremely rare opportunity to purchase an outstanding asset with multiple options including land banking, lifting & extending, investment or simply residential. The property is currently leased however there is an opportunity to have vacant possession with appropriate notice.
Highset freestanding building with mixed-use opportunity
539sqm of land with Onsite parking for six (6) vehicles the internal configuration is an open plan design with 5 bedroom and 2 bathroom.
Why Purchase this Property?
Undeniably positioned in Brisbanes most sought-after locations
The location is part of the West End Woolloongabba neighbourhood plan & Woolloongabba Priority Development Area (STCA) with potential substantial uplift under possible future re-zonings (STCA).
Within the precinct, Princess Alexandra Hospital, Translational Research Institute Australia and the Pharmacy Australia Centre of Excellence
Surrounded by high quality developments including Trafalgar Lane – $86 million mixed-use development including 147 apartments, laneway retail and commercial offices in Stanley Street
South City Square mixed-use development in Logan Road plans to provide more than 1000 residential apartments, hotel, supermarket gym, daycare centre, boutique caf?s, restaurants and a cinema
Park Central – a $1 billion master planned transit-oriented development in Buranda
Public Transport services include $5.4 billion Cross River Rail project providing a new station at Woolloongabba at the site of the former Go Print building. A new pedestrian bridge will provide a seamless connection from the new station to the existing busway and Stanley Street
$944 million Brisbane Metro to provide high frequency network with metro station at Buranda direct access to Clem 7 ICB & Airport Link Tunnel
One of the fastest growing suburbs in Brisbane, with population projected to grow at 5% each year and more than 54% of the working age population under the age of 35