* 36 Room Residential accommodation building over 3 levels.
* D.A for another 50 rooms.
* Access from Ipswich Road (pedestrian), Also from O'Keefe Street (vehicle).
* On-site carparks.
* Walk-up building - (No lifts - lower maintenance expenses).
* Easy access to public transport.
* Easy access to Princess Alexander Hospital.
PRICE: Offers to Purchase Close 23rd March, 2022 (if not Sold Prior).
LAND AREA: 1,627 sqm
SUGGESTED GROSS HOLDING INCOME: $470,000.00 (Subject To Change)
Location
Develop Now or Later with Holding Income. Located Across from the PA Hospital, Bus Interchange and Cross River Rail and the Gabba close by. The Riverside Expressway allows easy access from Woolloongabba to Brisbane's CBD, which is only 2 kms away. Ongoing commercial developments reflect demand for the suburb as an easily accessible business environment. Commercial development coupled with the continual demand for residential property suggests that Woolloongabba will continue to prosper in the future. Public transport in the area is excellent with 2 rail stations (Sth Brisbane & Vulture St Stations) and regular bus routes to and from the city.