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10-18 Kelso Street, Chermside, QLD 4032

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10-18 Kelso Street, Chermside, QLD 4032

Properties / Buy / Queensland / Chermside

Development Approved

1. Property Summary

Property Type

Residential

Land Area

3,035 m² (*approx)

Selling Method

EOI: For Sale In-One-Line or Any Combination $5,900,000

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2. Property Highlights

3,035M²* NEAR HOSPITAL APPROVED DEVELOPMENT SITE

• Designated HDR2 - High Density Residential (Up to 15 storeys)

• Situated within short walking distance - 300m* west of Westfield Chermside Shopping Centre - Australia's second largest regional shopping centre by number of stores, Chermside Bus Interchange providing easy accessibility to the Brisbane CBD and 60m* north of the Prince Charles Hospital and Tertiary Education Precinct

• Current Development Approval for a 134 unit residential tower benefitting from generous car parking ratios under the superseded Town Planning Scheme

• 111 x 2 bedroom & 23 x 1 bedroom unit configuration set over 2 x stages of development

• 4 x existing dwellings and 1 x flats complex each occupying 607m²* and providing substantial total holding income of $126,880* gross per annum

• Positioned only 9km* north of the Brisbane CBD

• Not impacted by the 2011 and 2022 flood events.

*approximately

Remember to mention you found this property on DevelopmentReady

Development Approved

1. Property Summary

Property Type

Residential

Land Area

3,035 m² (*approx)

Selling method

EOI: For Sale In-One-Line or Any Combination $5,900,000

2. Property Highlights

3,035M²* NEAR HOSPITAL APPROVED DEVELOPMENT SITE

• Designated HDR2 - High Density Residential (Up to 15 storeys)

• Current Development Approval for a 134 unit residential tower benefitting from generous car parking ratios under the superseded Town Planning Scheme

• 111 x 2 bedroom & 23 x 1 bedroom unit configuration set over 2 x stages of development

• 4 x existing dwellings and 1 x flats complex each occupying 607m²* and providing substantial total holding income of $126,880* gross per annum

• Positioned only 9km* north of the Brisbane CBD

• Not impacted by the 2011 and 2022 flood events.

*approximately

Remember to mention you found this property on DevelopmentReady

Development Approved