Holding a prime position in Brisbanes premier hub for culture, arts and entertainment, this first class development site is being tendered for sale and is an exciting development prospect for serious contenders.This boutique site is 1,366sqm with an approved DA in place for a 20 storey building offering 122 residential apartments and 627sqm of superb retail/commercial space. Floorplans have been designed to appeal to the investor and owner occupier market and offer a combination of 1, 2 and 3 bedroom units, with the majority being 2 bedroom. Each comes with a dedicated car park space and visitor bays. There are three lifts to service the building and communal facilities for residents on the rooftop and a separate gymnasium on level 1.This location has a strong, proven track record for a high turnover of residential sales and, with very little competition for sales in the immediate area, will hold its own when it comes to attracting investors and owner occupiers. The smaller size building offers developers the opportunity to set themselves apart from other residential offerings in the area by focusing on the boutique aspect and exceptional position.Ever increasing in popularity, this area is home to Brisbanes best and most relaxed lifestyle setting. Its ideal for city professionals, retirees, small families and students alike. The location offers a plethora of work, education, entertainment and business opportunity. Highlights include the walkability and accessibility to key amenities:- Walk to the CBD via two pedestrian bridges within 10 minutes!- Connect to Brisbanes inner or outer suburbs by train or bus. - South Bank is on your doorstep with its fantastic array of restaurants & cafes, cinema, beaches and parklands, GOMA, State Library, Cultural Centre and QPAC. - Minutes walk to local University campuses or bus & ferry links offer direct services to UQ at St Lucia.- Proximity to The Gabba, The Mater Hospital, West End and more.Call for further details of this incredible opportunity and submit your tender prior to closing date.This tender closes on 11 July at 5pm.All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.