Rarely does the opportunity arise to aquire so valuable and flexible an inner city surburban 911m2 redevelopemnt site! This sensational block of five brick veneer and hardwood timber framed tiled units (2×2 Bedroom and 3×1 bedroom), dating from approximately 1964, sits atop a gentle crest in Brisbanes popular inner Southern suburb of Annerley, on 911m2 of North facing land on the corner of Annerley Road and Portland Street. With City views from each of the existing units, and the potential to demolish the existing structure and redevelop up to 6 3 storey townhouses on the site, thereby enhancing the view. The property would suit either a developer interested in maximising the site potential, or the private investor who may wish to strata the property into individual units, for the potential onsale or keep them as units as a medium to long-term investment. Survey plan, site dimentions, sewerage lines and layout are available to any interested purchaser. With this precinct of Brisbane’s inner South becoming increasingly popular and with its proximity to Ipswich Road, the main Southern railway line, Fairfield and Dutton Park Railway Stations, the Princess Alexandra Hospital, the Mater Hospital, the University of Queensland, QUT Gardens Point, some of Brisbane’s more prestigeous private and public Schools and much, much more!! Not to mention the fashionable cafes, bistros, clubs and pubs ever increasingly popular Wooloongabba, this area has it all and assures a handsome return to the astute developer and or investor!! An inspection is a must, as this property is not likely to last long.