Prime corner site in Brisbane's premium inner city riverfront development locale,1.5 km north of the Brisbane GPO.
The site enjoys considerable amenity from surrounding development, both new and the historic wool-stores, with their mix of eclectic retail, bars and restaurants. The riverfront boardwalk leads to the parks and developments bordering the river, Gasworks and Riverpark to the West, Cutters Landing and The Powerhouse Performing Arts Centre to the East.
The James Street and Central Valley amenities are easily accessed from Commercial Road which provides a link to the Ann St corridor and the City. Skyring Terrace facilitates direct links to the Airport Link /Clem7/ICB portals and it is ten minutes along the river to the cruise ship terminals and Gateway Motorway.
An opportunity to acquire one of the best development options in the Queensland capital.
An absolutely prime corner site of 1,434 sqm with three street frontages in Brisbane's premier immediate inner city riverfront residential lifestyle precinct.
The site enjoys a long north westerly aspect to Commercial Road, Florence Street and Florence Lane to the rear.
Complimentary development precedent directly adjacent provides extant Development Approval for 8 level (plus skylounge) mixed use development (113 apartments) with ground floor retail.
The position of this site provides genuine competition for the retail component of any development.
Existing improvements consist of two secondary character commercial buildings with short term tenancies providing holding income.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM, 7TH AUGUST 2014.