* 36 Room Residential accommodation building over 3 levels plus
* D.A for another 50 rooms
* Access from Ipswich Road (pedestrian), Also from O’Keefe Street (vehicle)
* On-site carparks
* Walk-up building (No lifts – lower maintenance expenses)
* Easy access to public transport
* Easy access to Princess Alexander Hospital

PRICE: Offers to Purchase Closing 23 March 2022 (if not sold prior)
LAND AREA: 1,627sqm
SUGGESTED GROSS HOLDING INCOME: $470,000
CONTACT: Ben Armstrong 0403 054 845 or Tasmin Colquhoun 0450 827 646

Location
Develop Now or Later with Holding Income. Located Across from the PA Hospital, Bus Interchange and Cross River Rail and the Gabba close by. The Riverside Expressway allows easy access from Woolloongabba to Brisbane’s CBD, which is only 2kms away. Ongoing commercial developments reflect demand for the suburb as an easily accessible business environment. Commercial development coupled with the continual demand for residential property suggests that Woolloongabba will continue to prosper in the future. Public transport in the area is excellent with 2 rail stations (South Brisbane & Vulture St Stations) and regular bus routes to and from the city.