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A substantial investment or development opportunity exists in the emerging inner-city suburb of Woolloongabba. An ideal location for its proximity to public transport, the CBD, the Gabba and multiple exciting cafes and restaurants. This property contains seven self-contained rooms and is currently tenanted as rooming accommodation. The 809SQM parcel of inner city property is an ideal income stream for any savvy investor.
Recently updated interiors make each room fresh, clean and practical. The home is surrounded by substantial green space, perfect for enjoying Brisbane's stunning weather.
The zoning allows for a number of uses for the site and the flexibility of the existing use rights, these may contribute to further re-development potential with the surrounding area (subject to council approval). The area is seeing a rise in popularity and capital gain due to the increasing residential and commercial redevelopment undergoing within the area.
54 Broadway property features but is not limited to:
* Charming traditional Queenslander exterior
* Rooming accommodation set on 809SQM parcel of land
* Seven self-contained rooms
* Substantial green space
* Recently updated interiors
* Substantial rental yield
* Easy access to public transport, CBD and cafes
For further information on this opportunity or to book in a private inspection, please contact Hamish Bowman or Scott Bould.
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