Sold by Ray White Special Projects Qld | 5,623sqm* Brisbane City In-Fill Approved Development Site

SOLD

40, 42 and 46 Fleming Road

Herston QLD 4006

Land

FOR SALE

- Land area - 5,623sqm* over 3 titles
- 3.5km* north of the Brisbane CBD
- Development Approval for 22 freehold terrace homes plus 3 existing dwellings
- Existing 20 room student accommodation and 3 dwellings providing a rental return of $237,900* gross per annum
- Designated Low Medium Density Residential under BCC City Plan 2014
- Concept plans prepared for 132 bed Residential Aged Care (^STCA)
- In close proximity to major health, education, recreation, transport and shopping facilities

*approximately
^Subject to Council Approval