15 Jellicoe Street Coorparoo QLD 4151

Development / Land
584 m²
Sold

Prime Coorparoo Investment and Development Opportunity

Premier location near train station
584m² LMR level land parcel
Steady income from 4 apartments

Colliers is pleased to offer an outstanding freehold apartment building suitable for investment or redevelopment in the prestigious suburb of Coorparoo. 15 Jellicoe Street is being offered for sale by Public Auction on site on Thursday 24 February at 10:30am (AEST).

The property is comprised of a 2 level timber framed building containing four separate apartments. Consistently tenanted for decades, this excellent property is close to a multitude of shops and dining options. The Coorparoo train station, the Norman Creek Bikeway, Wembley Park's playgrounds and Coorparoo Square are all located close to the site.

15 Jellicoe Street sits within the Coorparoo State School and Coorparoo Secondary College catchment areas and a short drive from Villanova College, Saint James Catholic Primary School and Our Lady of Mount Carmel Primary School.

Highlights of the opportunity include:

- 4 apartment two level building
- 584m² regularly shaped freehold lot
- 4+ on site car parks
- Strong rental income history
- Low Medium Density Residential Zone allowing for bright development future
- Train station, lifestyle and daily needs shopping within walking distance

Please contact the exclusive agent below for a copy of the Information Memorandum or to arrange an inspection.