This Medium Density site represents an exciting opportunity for re-development of up to a 5 storey apartment block* in booming Upper Mount Gravatt or hold and land bank while you collect rent from the 4 current dwellings. The homes are in good, easy to rent condition with a potential rental income of approximately $105K per annum.

Sites of this size and potential are rare as this site offers a Plot ratio 1.25*

• Potential for up to 45 – 2 bedroom, 2 bathroom apartments
• 3 Street Frontage – Good contours
• 5 Minute Stroll to Westfield Garden City, Restaurants, Cinemas, Transport
• Close to Griffith University and QE2 Hospital;
• Walking distance to Good Schools
• Easy access to free-ways to Gold Coast and Sunshine Coast
• Potential Views to the South & West

Please call for more information and Register your interest today.

* subject to BCC approval