Albion QLD 4010
- Development / Land
- 5,600 m²
DEVELOPERS - CAPITALISE IN THIS INNER CITY GEM OF A SITE!
Elders Commercial has the pleasure in presenting this outstanding development site on the cusp of Ascot & Albion, less than 5 kilometres North of the Brisbane CBD.
This expansive 5,600sqm site is superbly positioned in a quiet, leafy precinct just off major arterials and infrastructure connecting the site efficiently to the Airport, CBD and all sides of Brisbane.
There is a pending Development Approval over the site for 154, cleverly designed apartments which has the unique ability to be developed in 2 stages, if desired.
Additional features include:
• Suburb apartment mix with majority 2 and 3 bedroom apartments over 7 levels, with 1.5 levels of basement parking
• Strong holding income of $546,000 net p.a, without taking into account the 1,068sqm vacancy which is ideal for a sales showroom
• Positioned in the heart of an exciting renewal precinct, within walking distance of Albion Train, Sandgate Road Retail Precinct & The $330 Million Albion Mill FKP Re-Development
• Highly desirable residential precinct with excellent CBD & suburban view corridors from the upper levels of the development
Note: The Vendor will allow subject to Approval of the proposed development.
Please contact the Exclusive Marketing Agents Elders Commercial to discuss further and for a detailed Information Memorandum!
|Date Sold||1 Jun 2016|
|Floor Area||Ask Agent|
|Land Area||5,600 m²|
|Last updated||1 Jun 2016|