Watch exclusive full detail video on: www.7malcolm.com

Located in one of Brisbane’s most sought-after suburbs, Hawthorne. The famous Malcolm Street, offering an incomparable lifestyle in the prestigious river avenues of Hawthorne, which is only 600 metres away and a couple minutes’ walk from the Brisbane River, Hawthorne Ferry Terminal and Hardcastle Park.

This is a sensational opportunity! Welcome to number 7 Malcolm Street. Truly a rare find, this Block of Units is NOW available to purchase. You are not just buying all the units (the whole building), but more importantly its fantastic freehold one title land with no body corporate.

Strategically situated on an approx. 655m2 rectangular block, south facing aspect with approx. 21.5 meters in frontage. Current zoning for this land is low medium density residential (2 or 3 storey mix) under the city plan. This exceptional development opportunity is such an incredible attribute; it is truly a rare find.

According to the professional town planner’s in-depth preliminary planning assessment for development potential, by removing the existing building, this development site can reach its full usage and development potential, with two recommended options

=Option 1: multiple dwelling, 8 apartments in 3 storeys and site coverage of approx. 44%. Sketched concept design, 5 X two bedroom + study units and 3 X one bedroom + study units. Typical unit size, two bedroom unit around 105.5m2 and one bedroom unit around 79.4m2. Total 11 car parking spaces for both residents and visitors and approx. 140m2 in communal open space.

=Option 2: multiple dwelling, 5 townhouses in 3 storeys with site coverage of approx. 42%. Sketched concept design, 5 X two bedroom + 2 bathrooms + study units. Typical unit size of around 156m2. Total 10 car parking spaces for both residents and visitors and approx. 86m2 in communal open space.

In addition, there are also many other potential uses for this block subject to council’s approval.

In its current state, there are 4 X two bedroom units. All units can be strata titled subject to relevant approvals since every unit has its own separate meters (water and electricity). One on the ground floor and 3 upstairs.

The location here is absolutely premier, due to it residing in the high growth area of Hawthorne. You are surrounded by many million dollar and multi-million dollar luxury homes in the area.

Enjoy the perfect, river precinct family lifestyle, only a couple minutes’ walk to Brisbane River, Hardcastle Park and Hawthorne Ferry Terminal. 15-minute drive to the CBD, or the City Cat or direct buses to Brisbane City, Southbank & Fortitude Valley. Just minutes to the well-known Oxford Street with shops and restaurants.

Local shops and famous cafés, restaurants are just around the corner on Hawthorne Road and only 100 meters away. Also within walking distance to Hawthorne Park, Sporting Fields, Sts Peter and Paul’s School, Morningside State School, Lourdes Hill College & a short drive to Anglican Church Grammar School. Easy access to Brisbane Airport through the Gateway Motorway.

Don’t miss out on this truly unique and extremely rare opportunity with incredible value and potential in the superb River Precinct of Hawthorne. Owner’s instruction is clear; the property MUST BE SOLD, enquire today!

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.