A state-of-the art development opportunity only minutes from Brisbane’s emerging business precinct has hit the market courtesy of local specialist Carl Charalambous of Elders Commercial Real Estate, with future residents being treated to magnificent vista’s of the City and beyond.
The site, 15 Down Street Bowen Hills presents as an exclusive, contemporary and boutique offering of 20 architecturally designed apartments spread across only four levels - positioning the property squarely at low / medium density developers looking to capitalise on an up-market opportunity to deliver a truly unique project.
Positioned on 1366sqm of blue-chip land less than 3kms from the City Centre, Down Street boasts 10 existing flats generating an impressive $140,000 p/a in holding income - giving developers the flexibility to take advantage of existing revenue and negotiate an extension for the approved permits for future re-development.
Renderings highlight an attractive front façade that adapts well to the already leafy, low-density streetscape, whilst nearby amenities include Gasworks, James Street Retail Precinct, The Emporium & Bowen Hills Train Station.
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