Located in the river avenues of beautiful Bulimba, with fabulous, new quality homes adjoining these north facing allotments, there is great potential holding income. The current owner was receiving approximately $99,000 gross per annum.

The property currently has 2 x 3 bedroom residences on the upper levels and 2 x commercial premises on the lower levels.

The seller has 3 new DA approvals for 3 high quality homes to be built on the blocks. You have the option to purchase EITHER the whole property with the existing residential & commercial brick building OR 1, 2, or 3 blocks of land.

1. Lot 42 – 538m2
2. Lot 43 – 547m2
3. Lot 44 – 550m2
Total Site Area – 1635m2

Rarely does a parcel of land of this size become available in such a tightly held street of Bulimba. Enjoy a quiet neighbourhood, spectacular views up and down the Brisbane River and wide street frontage.

Offering a prime opportunity for home builders and developers alike. Blocks of land in a sought-after location like Bulimba are hard to find. This presents an exceptional opportunity to build your dream home in one of Brisbane’s buzzing growth hubs. Only moments to north and south coast transport corridors, schools and 2 minutes to public transport, Apollo Road City Cat, and shops, restaurants and an easy commute to the CBD. Be quick and don’t miss out on this fantastic opportunity! Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.