Exciting Future For Unit Block On Prime Development Site
A truly rare and exceptional development opportunity that cannot be ignored. The executors of the estate have approved the sale of this long held property that is being offered for the first time in over 40 years and you can be assured that this property will be sold on or before the auction. Originally built as an income producing home with an apartment for the family to live and two apartments for investment. The list of development options is vast and exciting as you will easily discover. Potential uses include, subject to council approval of course; luxury home site, apartments, commercial, boutique hotel, mixed use, multiple townhouses, multiple houses and land subdivision.
– RPD: L47-48 RP10007:PAR NORTH BRISBANE
– 506sqm double block with dual frontage
– Comprised of 2 x 253sqm lots each with approx 19.5m frontage
– Existing 3 flats configured as 1 x 3 bed unit and 2 x 1 bed unit
– Elevated position in dynamic residential enclave
– Located in development hotspot where Newstead meets the Valley
– Existing building suitable for demolition
– 6 off street carparks
The Hynes Street location is within the desirable “Village” enclave of properties bordering Fortitude Valley, Newstead, New Farm, Teneriffe. Resident’s enjoy the enviable lifestyle that comes with living in the heart of Brisbane’s most vibrant locals. Immersed among the exciting James St precinct, Emporium and Gasworks where it is just a short stroll from caf’s, dining, night life, river walks, New Farm Park and the Brisbane’s CBD.
Our instructions are clear, the owners have committed to the sale and we now invite your immediate interest and offers. Please contact the exclusive agents Claudia Marchand and Peter McDonald for inspection details and detailed IM.