Highgate Hill
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Irreplaceable Investment and Development Opportunity
Introduction:
This extremely rare offering provides an irreplaceable development opportunity in the heart of Brisbane's inner southern suburb. Commanding a 1220sqm site area in this established and growing suburb, this site lends itself to the design and delivery of a range of development options.
Long-standing tenant provides significant holding income, with a strong trading history.
Additional highlights of the property are outlined below:
- Site area: 810sqm (195 Vulture Street)410sqm (1Gladstone Road)
- Zoned - Centre Neighbourhood centre
- Frontage 25.4 metre (Gladstone Road)
- Frontage 12.3 metre (Vulture Street)
- 21 onsite car parks
- Fully Leased Potential Net Income - $208,750 per annum
- Above State and National average population growth
- Above average household income and retail spend per capita
- 4.2 Kilometres from Brisbane CBD
- Land: 1220sqm over 3 lots
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