Block of Units + House + Huge 1641m2 DA Approved Land for 20 Units with City and Mountain Views!!!

This is one of the few remaining development opportunities in Brisbane's sought-after inner-north. An extremely rare opportunity within the QUT university precinct, occasions such as these are seldom offered to the market.

Boasting an elevated aspect harnessing spectacular city and mountain vistas, this 1,641sqm site sits on 6 titles and 2 lots.

With DA approval in place for a brand new three-storey unit complex, this site is primed and ready for redevelopment. Consisting of 20 units, the approved plans feature 7x 3 bedroom, 7x 2 bedroom and 6x 1 bedroom modern apartments.

Currently featuring rental houses and units with occupied high rental returns, investors can also take advantage of this exceptional opportunity.

10 Prospect Terrace:
- 5 unit block on 1,163sqm
- 4x 1 bedroom units
- 1x self-contained unit with 1x bedroom, 1x bathroom, 1x living area
- Renovated upstairs house with 7x bedrooms, 3x bathrooms and city and mountain views
- 5x undercover parking spaces
- All units are fully furnished

6 Prospect Terrace:
- High set house on 478sqm
- 3x bedrooms, 1x bathroom
- City and mountain views

Boasting a superb inner-north position less than 1km from QUT, this area is highly sought-after by investors and students seeking proximity to the university campus, Urban Village, cafes, shops, bars, restaurants and Northern Busway. Within the Kelvin Grove State College catchment and 3km to the CBD, this prime location also offers excellent proximity to Victoria Park Golf Club and the Royal Brisbane Women's Hospital.

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Set in a highly sought after pocket of Kelvin Grove, this prime piece of land is one of very few remaining opportunities in the suburb (and those surrounding) to develop new townhouses and apartments. Approved DA for 20 units is made up of 8 Townhouse style units with courtyard access and 12 Apartments ranging between 1-3 Bedrooms.

The architect for this project is Push architects led by Paul Curran who is well-known in Brisbane for designing some of Brisbane's favourite complexes. The final plans have been designed to suit a mix of down-sizers, city apartment dwellers and for investment purchase.

The views from this site include lovely city views to the front and pan around to the hills to west (Mt Nebo, Mt Coottha and Mt Glorious) and across the back of Kelvin Grove, Newmarket and Alderley. We think the mountain and suburban outlooks are just as spectacular as the city; wherever you look from your views are exceptional.
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All information 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.