Perched on a near level 809 m2 of Woolloongabba Hill this colonial has been converted to 4 one bedroom flats, 3 of which have been recently renovated.
City glimpses can be vastly improved by raising the existing dwelling.

With $55,000 approximately of gross income and easement access from School Street you could:

- Renovate and extend the property to a magnificent home
- Build a second home with council consent
- Develop Townhouse/Apartments with council consent
- Hold for future development

Woolloongabba Hill still in the popular Brisbane State High catchment area is a quiet residential area in close proximity to
Park Road rail station, Mater Hospital, Gabba Central and all the amenities of Southbank.

This is a rare opportunity to acquire an excellent land holding with income and development potential.