12 Saint Kilda Place, Annerley QLD 4103

On offer is a rare opportunity to secure a unique property that boasts a healthy mix of wealth creation and development capacity.

Nestled on a prime 1214m2*, the unit block of 5 flats are configured as 2x2 bed and 3x1 bed and are at full capacity.

This amazing cash cow boasts direct access to the PA hospital, walking distance to major transport hubs as well as cafes and shopping centres. The re-development of the area including the Cross River Rail and the Logan Road precinct will provide above average capital growth for the area.

Currently configured as 5x renovated flats, (2x2 bed and 3x1bed) each with lock up garage, storage and yard.

Savvy developers can maximise the development potential from this site, with a few options available (STCA)

- Subdivision (4x303m2 lots)
- Multiple Dwellings, 2 to 3 storey development
- Residential Care Facility
- Retirement Facility
- Short Term Accommodation
- Child Care Centre

Opportunities of such calibre are few and far between.

Act fast to secure this amazing Inner City Opportunity that ticks every box
(Disclaimers)
* Where properties are being sold without a price, in accordance with government regulations a price guide cannot be provided. Please also note that the website being viewed may have filtered the property into a price bracket for functionality purposes.

* Land dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only