12 Smallman Street, Bulimba QLD 4171

First time offered in 34 years, 12 Smallman Street, Bulimba offers a rare and exciting array of attributes which make it simply unique. Located literally in the heart of Bulimba just 1 door from vibrant Oxford Street, this superb location not only provides enviable convenience and life-style, it also presents multiple redevelopment or leverage options.

The 809m2 with a Development Zone LMR2 (Low-Medium Density Residential 2 or 3 Storey mix) is underutilised. The flats may be able to be Strata titled (subject to Council approvals) and the returns could be increased with relatively minor upgrades.

Comprising 2 x 2 bed & 3 x 1 bed flats, each with lock up garage, occupancy in this hot location is never a problem. All flats are well maintained and are showing a current annual return of $86,320 per annum.

• With Oxford Street at your doorstep the treasure trove of Bulimba is all within an easy walk;
• Boutique Cinema Complex, a sensational selection of cafes, bars, and fooderies, a comprehensive business district, medical centre, fitness and specialty retail stores;
• Excellent local private and public schools (from Pre to Secondary);
• Fabulous parklands, river walks and a golf course;
• Bus and city cat service;
• Short drive to the CBD, Gateway motorway and the airport.

FOR SALE BY TENDER CLOSING 5:00PM ON WEDNESDAY, 3 NOVEMBER 2021.

INFORMATION MEMORANDUM AVAILABLE ON REQUEST.

For all enquiries, please contact Maryanne Birch on 0418 123 400 or [email protected]

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