This is a once in a lifetime opportunity to purchase an A-Grade development site with numerous development options in Brisbane's most desirable inner city precinct!
The site is located just off Melbourne Street, less than 10 minutes walking distance of the Brisbane CBD and within moments from all forms of public transport, diverse retail amenity, West End and of course the world famous amenities Southbank has to offer.
The site spans across 3 separate titles providing 1,829 sqm of real estate gold with 2 street frontages and code assessable potential for 12 levels.
Note: Several adjoining sites have received development approval for higher densities therefore an impact assessable application to council may result in greater than 12 levels being achieved.*
The purchaser has the privilege of the below options with the properties:
1) Develop the site into a landmark apartment building
2) Develop the site in stages with 2 separate residential buildings. The Cordelia Street parcel is 921sqm & the Manning Street parcel is 908sqm.
3) Develop the site into an A-Grade office building
4) Develop the site into a mixed use building – residential, commercial, hotel and/or student accommodation
5) Simply hold the site, collect income, watch your investment explode and develop or sell in the next development boom
The Vendor is committed to selling which provides a ‘once in a blue moon’ opportunity for the astute Purchaser to capitalise.
Please contact the Exclusive Marketing Agents Elders Commercial to discuss further.
*Subject to Council Approval