607sqm Holding, 15-Storey Potential and $140k Income - 37DS

DEVELOPMENT OPPORTUNITY for $4.5M

607m2

Positioned in the heart of Spring Hill’s medical and Olympic precinct, this high-yield mixed-use asset offers a rare combination of immediate cash flow and landmark development upside.

The Opportunity:

  • Development Upside: Prime 607sqm site with DC1 District Centre zoning, allowing for up to 15 storeys (STCA).

  • Strong Holding Income: Diversified gross annual income exceeding $140,000.

  • Mixed-Use Profile: Two established retail tenancies plus two recently renovated residential units (2-bed & 3-bed).

  • 2032 Olympic Precinct: Direct proximity to Victoria Park—the "centre stage" for the Brisbane 2032 Games—and adjacent to St Andrew’s War Memorial Hospital.

  • Turnkey Asset: Ample on-site parking and private driveway access in a tightly held inner-city pocket.

This is a blue-chip acquisition for developers and land-bankers looking to capitalise on Brisbane’s rapid growth and the infrastructure boom of the 2032 Olympics.

Asking Price: $4,500,000 (Submit your best offer)

Submissions close: 28th April at 5:00 PM

 

Inspections by appointment.

Contact us today to arrange a private viewing or request the information memorandum.

Price DEVELOPMENT OPPORTUNITY for $4.5M
Location Spring Hill
Property ID 37DS
Category Motel

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