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DESCRIPTION:Expressions of Interest Closing Thursday 19th November at 4pm (
 AEST)\nRPM Group and First National Commercial are pleased to present for 
 sale 39 & 39A Edmondstone Street and 58 & 62 Browning Street\, South Brisb
 ane\, offered to the market for the first time since in 42 years.\n\nThe a
 malgamation of four titles forms a substantial 1\,808sqm holding within th
 e High Density Residential Zone (HDR1)\, providing established holding inc
 ome together with significant potential for a high-quality residential dev
 elopment.\n\nThe site is code assessable to six storeys\, with recent appr
 ovals in the immediate precinct demonstrating potential for further uplift
  if 12+ Storey (STCA). A development concept has been considered by Brisba
 ne City Council at pre-lodgement\, with meeting minutes available to prosp
 ective purchasers.\n\nPositioned directly opposite Musgrave Park and withi
 n walking distance of South Bank\, the property is surrounded by riverside
  parkland\, leading cultural institutions and an established mix of retail
  and dining.\n\nProperty Highlights:\n- Substantial 1\,808sqm landholding 
 across four titles\n- High Density Residential Zone (HDR1)\n- 40 metres* o
 f total\, dual street frontage to Edmondstone and Browning Streets\n- Six 
 storeys code assessable for MCU\, with potential for further uplift (STCA)
 \n- $430\,800* gross annual holding income\n- Three-storey building of 10 
 two-bedroom apartments with 18 basement car parks\n- Two three-bedroom cha
 racter houses on Browning Street\n- Existing short stay accommodation appr
 oval in operation\n- Approximately 3km from the Brisbane CBD\n- Walking di
 stance to South Brisbane Railway Station and South Bank\n- Close proximity
  to the Mater Hospital\, Queensland Children's Hospital and Griffith Unive
 rsity South Bank\n\nThe Edmondstone & Browning Collective is for sale via 
 Expressions of Interest closing Thursday 19th November at 4pm (AEST). Plea
 se contact the agents for the Information Memorandum and data room access.
 \n\n*Approximate
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SUMMARY:Expression Of Interest: 39 Edmondstone Street\, South Brisbane QLD
UID:CRE-2021232777-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Expressions of Interest Closing Thurs
 day 19th November at 4pm (AEST) <br/> RPM Group and First National Commerc
 ial are pleased to present for sale 39 & 39A Edmondstone Street and 58 & 6
 2 Browning Street\, South Brisbane\, offered to the market for the first t
 ime since in 42 years.\n <br/> \n <br/> The amalgamation of four titles fo
 rms a substantial 1\,808sqm holding within the High Density Residential Zo
 ne (HDR1)\, providing established holding income together with significant
  potential for a high-quality residential development.\n <br/> \n <br/> Th
 e site is code assessable to six storeys\, with recent approvals in the im
 mediate precinct demonstrating potential for further uplift if 12+ Storey 
 (STCA). A development concept has been considered by Brisbane City Council
  at pre-lodgement\, with meeting minutes available to prospective purchase
 rs.\n <br/> \n <br/> Positioned directly opposite Musgrave Park and within
  walking distance of South Bank\, the property is surrounded by riverside 
 parkland\, leading cultural institutions and an established mix of retail 
 and dining.\n <br/> \n <br/> Property Highlights:\n <br/> - Substantial 1\
 ,808sqm landholding across four titles\n <br/> - High Density Residential 
 Zone (HDR1)\n <br/> - 40 metres* of total\, dual street frontage to Edmond
 stone and Browning Streets\n <br/> - Six storeys code assessable for MCU\,
  with potential for further uplift (STCA)\n <br/> - $430\,800* gross annua
 l holding income\n <br/> - Three-storey building of 10 two-bedroom apartme
 nts with 18 basement car parks\n <br/> - Two three-bedroom character house
 s on Browning Street\n <br/> - Existing short stay accommodation approval 
 in operation\n <br/> - Approximately 3km from the Brisbane CBD\n <br/> - W
 alking distance to South Brisbane Railway Station and South Bank\n <br/> -
  Close proximity to the Mater Hospital\, Queensland Children's Hospital an
 d Griffith University South Bank\n <br/> \n <br/> The Edmondstone & Browni
 ng Collective is for sale via Expressions of Interest closing Thursday 19t
 h November at 4pm (AEST). Please contact the agents for the Information Me
 morandum and data room access.\n <br/> \n <br/> *Approximate</P></body></h
 tml>
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