39 Andrews Street, Cannon Hill QLD 4170

Team Warren exclusively presents this this Golden opportunity for the astute developer or investor. The vendors are motivated to sell as they are relocating to a new home.

This is your chance to secure this superbly located 759m2 Medium Density zoned block no character or demolition control. It is located in the NPP-003f Cannon Hill Station sub precinct.

Cannon Hill Train Station is just at the end of the street. It is located just a few minutes' drive from the Brisbane city centre. A unit development (subject to council approval) will potentially offer uninterrupted city views from many apartments.

Right across this property is 42 Andrews St (also on 759m2) which has recently been developed and consists of 16 Units. 38 Andrews has also been developed right next to number 42. In fact, there are similar developments already completed on this street and this pocket. New developments are on their way.

#35 Andrews next door is a 500m2 property that recently Sold for $920k in Jan 2022 equating to $1,840/m2

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Options for investors -
A. Hold for strong potential Capital growth.
B. Get a DA (subject to approval) from the council and sell to a developer/investor.
C. Get a DA (subject to approval) from the council and build to rent or to sell.

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FEATURES & LOCATION -
- Level block 759m2 right next to the Parklands.
- Medium density zoning - perfect for serviced apartments, unit development STCA.
- NPP-003f Cannon Hill Station sub precinct.
- Wide frontage. No demolition/character control. No storm water issues.
- Easy city access via car and public transport - both buses and trains. Walk to Cannon Hill station.
- Close to Cannon Hill Shopping Centre, East Village, Morningside shops inc Woolies and Coles.
- Easy Childcare access - located on the street.
- Fast airport access via Gateway Motorway and just 8kms from the CBD.
- Several successful developments built in the area and more on their way.
- Discuss the above with your town planner today.

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Cannon Hill is located at the right spot for tourist and residential unit accommodation. Brisbane City council is encouraging development in this area for the project developers. Once your DA application is approved by the council, the apartments can go to market almost immediately for off-the-plan sales to begin.

Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with contacts who can provide researched feedback to help you get your next project started.

This is an opportunity not to be missed.
Please contact us for more info or to make an offer.

Please Note - Calls from private numbers and email enquiries without a valid phone number will not be responded to.

Disclaimer: All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.