16 Riddell Street, Bulimba QLD 4171

An unmistakeably fantastic investment/development opportunity Not to be missed.

Presented to the market for the first time in over 30 years. Seize this very rare opportunity to secure one of the few remaining large development blocks in the Oxford Street precinct.

Currently configured as 6 units, on two lots all on one title. Perfectly positioned only 75 metres from the delights of Oxford Street on an elevated flood free site complete with expansive city views.

Equally suitable as an investment or development option
INVESTMENT
A rock solid investment option perfect for a self-managed super fund or the savvy investor with returns of approximately $90,000 pa.

DEVELOPMENT
Call your town planner, with over 1000m2 of LMR zoned land in one of the most sought-after Bulimba positions, the opportunity for development is unmistakeable.
Property features:

- 1012m2 block zoned LMR on 2 lots
- 20 metre frontage
- Stunning city views
- $90,000 approx rental income
- 2x 1 bed 1 bathroom units
- 3x 2 bed 1 bathroom units
- 1x 4 bed 1 bathroom unit
- 3 garages and plenty of off street parking

Bulimba's popular restaurant and caf precinct, Oxford Street is less than 100 metres from your doorstep. public transport options include buses and Citycat.

Located just 5km's from the CBD the easy transport access and proximity to the city and local amenities ensure that vacancies are minimal.

If you're looking to make your next investment that will provide strong rental yields and capital growth in one of Brisbane's best inner-city postcodes register your interest and get a copy of the information memorandum.