20 Sisley Street, St Lucia QLD 4067

Update 4:30pm 27th oct : In final negotiations now

CAN YOU AFFORD TO MISS THIS RARE OPPORTUNITY?

Please contact us for a copy of the Information Memorandum

The property offers an excellent, rare opportunity to developers and investors to acquire a property with exiting cashflow or the chance to redevelop and more than double the unit count.

The Development Opportunity
- Approved plans for a 10-unit apartment building with basement, ground, first and second floors,
- 8 x 3 Bedroom Apartments
- 2 x 2 Bedroom Apartments

The Exisitng Building
-If it is decided not to develop, the exisiting building offers stable cash flow of $1,085 per week (with potential for rent increases) and:
-offers 4 well designed and spacious apartments, occupied by long-term tenants;
-has ground level parking for all residents;
-is of solid block and brick construction and has been well maintained with new hot water system and approved smoke alarms;
-has usable terrace space

One of the most favoured neighbourhoods in Brisbane, abutting the banks of the Brisbane river. Close to the University of Queensland and other educational institutions: a preferred residential location for students and staff of such institutions. Very well connected to Brisbane's city centre and other urban centres.


Please contact us for a copy of the Information Memorandum

Howard Tsang - 0411 123 682