This property is a regular shaped allotment on the south-east corner of Corunna and Moore Streets in the suburb of Albion. Distance to Brisbane's CBD is approx. 4.5kms and a number of main arterials are easily accessible including Sandgate Road. Direct access to the airport via the Airport Link Tunnel - approx 11.5 kms.
Albion is a known 'Transport Oriented Development' opportunity, centred around Albion train station which is located approx. 150m from the subject property. Salient property features include:
Preliminary town planning approval for a mixed use, high density residential development with a maximum GFA of 6,441sqm and a potential for an estimated 60 - 80 units (STCA).
- Land area of 1,199 sqm with 2 street frontages.
- Improvements of 4 industrial strata titled units providing a holding income
- Height potential up to 10 storeys with podium height of 2 storeys being code assessable
- 360 views from completed development with potential river & city views
For further information, please contact the agents