511 Vulture Street East, East Brisbane, QLD 4169

Development/Land

For Sale $1.95M

  • Property ID: 299729
  • Floor Area: 1m²
  • Land Area: 819m²
  • Occupancy: Vacant
EAST BRISBANE CASH FLOW INVESTMENT!

* 819m2 corner site with 2 buildings
* 3 x 2 bedroom units and 1 x 4 bedroom unit
* Zoning - QPP- LMR2
* Dual street frontage - 50.4 metres (approx.) to Norman Street and 18 metres (approx.) to Vulture Street
* In close proximity to the Gabba and the planned Cross River Redevelopment Project, reinvigorating the suburb profile
* Located in a high demand inner city suburb
* Minutes to retail, cafe/dining, schools and public transport

Occupying a prominent corner position on Vulture Street East and Norman Street the property is sited on a 810m2 block and is an ideal investment opportunity. Offering 4 tenanted flats (over 2 separate buildings) plus 2 unregistered flats with a holding income.

This opportunity represents an exciting development opportunity ideally suited to townhouses / apartments / subdivision etc (STCA).

East Brisbane is located 2.5kms south - east of the Brisbane CBD. Predominantly a residential suburb with pockets of commercial development, the area is gaining in popularity as the demand for buyer's increases and supply is strictly limited.

Please call Geoff Esdale for further information and to schedule your inspection.

East Brisbane Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5389 $202 3.74%
Offices $5988 $349 5.82%
Retail $5347 $501 9.37%
This is the average advertised price, rent and yield for East Brisbane, QLD 4169*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

RE/MAX City

Ground Floor, 448 Ann Street, Brisbane City, QLD 4000

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 511 Vulture Street East, East Brisbane, QLD 4169. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 511 Vulture Street East, East Brisbane, QLD 4169. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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