888sqm* Parcel on one of Brisbane's most Prestigious Hillsides

CBRE is pleased to exclusively offer 87 Crescent Road, ​Hamilton as part of our third National Auction Series.<br/><br/>Perched on one of Brisbane’s most prestigious hillside suburbs, 87 Crescent Road offers a six-unit block of units providing a fully leased income of $133,130 per annum on an 888sqm* land parcel with exceptional development upside.<br/><br/>Currently featuring five 1-bedroom units and one 2-bedroom unit, the site is ideally positioned for a variety of residential developments, including townhouses, units, block splitter or a high-end luxury home.<br/><br/>Property Highligts:<br/>+ 888sqm* allotment with city and river views<br/>+ Six fully leased units providing an income of $133,130 per annum<br/>+ 20m* frontage to Crescent Road with immediate access to Kingsford Smith Drive<br/>+ Development upside being zoned LMR2 Low-Medium Density Residential (2 or 3 storey mix)<br/>+ Situated within the affluent suburb of Hamilton surrounded with Public Transport services, Amenities, Education and Lifestyle precincts. <br/><br/>87 Crescent Road is offered to the market For Sale via Public Auction at 1:00PM Wednesday, 21 August 2024 on Level 3, 1 Eagle Street, Brisbane.