- 9 Storey Approval – 12 storey precinct
- 6 Pre sales
- 1967 m2 corner site
- 107 units possible with approvals
- Display Suite – On Site
- Opposite Centro Buranda and PA Hospital
With the current developer retiring, here is an opportunity to purchase a ready to build and sell development site with marketing material in place.
Situated in a strong emerging precinct with nearly projects enjoying good sales from pent up demand. You’ll be able to bank your profit mid 2014. With 8 local sales in place and the ability to modify the Development Approval for 12 stories you have further options to enhance your profit.
Woolloongabba has a population growth forecast of 4.3% over the next 20 years indicating rising rents and property values. The “Depot” development offers 77 apartments – 26 1 bed, 39 2 bed, 11 3 bed and 1 by 3 bed plus study in addition to 1 retail tenancy. The building design features a Resort style pool, fully equipped Gym and Spa, BBQ and Sun deck, Energy Efficient design, and additional storage and bike racks.