38 Leicester Street, Coorparoo QLD 4151

An exceptional opportunity in one of Coorparoo's most advantageous locations!
This rare offering features five solid brick flats on a 931sqm elevated corner block with LMR zoning, boasting wide frontages to both Leicester and Halstead Streets. Whether you're an investor seeking strong rental returns or a developer looking for the perfect site, this property offers unparalleled potential.

Property Highlights:
• 5 Flats in Total - 4 x 1-bedroom + 1 x 3-bedroom
• Solid Full-Brick Construction - Built to last
• Strong Rental Income - Currently returning $1,925 per week
• Expansive 931sqm Corner Block - LMR zoning for redevelopment
• Dual Street Frontages - Wide frontage to both Leicester & Halstead Streets
• Exceptional Location - Close to parklands, transport & proposed Eastern Busway
• Walk to Martha Street Precinct - Enjoy cafés, dining, and lifestyle amenities

A rare chance to secure a high-growth asset with both immediate income and future development potential in one of Brisbane's blue-chip suburbs. Don't miss out!