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Off Market Opportunity | Income | Renovate | Develop
7 Felix Street is being offered for sale, on an off market basis, as an incredible inner city development opportunity. This 808sqm parcel of land with a 20.1m frontage has numerous options. This opportunity has been DA approved, with the plans allowing for 1 office plus a total of 14 apartments (6 x 3 bedrooms and 8 x 2 bedrooms). You could collect the rent for the 5 flats of $1,070 on a weekly basis as is or renovate the existing flats and improve the rent. This expansive inner city block is a perfect development opportunity not to be missed.
This property is conveniently located within immediate access to Lutwyche City shopping precinct, housing a number of valuable major retailers. Sitting within close proximity to Bradshaw Park, Kedron Brooke Reserve, Brisbane Airport and the CBD as well as major public transport corridors, you will be hard pressed to find a better located development site this close to all amenities and open green spaces.
Please call Hamish Bowman on 0410 044 463 or Nick Given on 0439 193 920 for an information pack or an onsite inspection.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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