14 Thorpe Street Balmoral, QLD 4171

Nestled just 90 metres from Oxford Street, this elevated 860m2 LMR-zoned site presents a rare investment or development opportunity in one of Bulimba's most sought-after precincts.

Currently returning approximately $95,472 in annual rental income, the property offers immediate holding income with strong future upside.

The property comprises 4 units on one title, including 3 x 1-bed, 1-bath units and 1 x 3-bed, 1-bath unit, complete with 4 garages and additional off-street parking, all positioned on a flood-free block with potential for future development (STCA).

Equally suitable as an investment or development option, with scope to refurbish for higher rental yields or explore future development (STCA).

Located just 5 km from Brisbane CBD, with buses and CityCat nearby, this is a rare opportunity to secure one of the few remaining large development blocks in the Oxford Street precinct.

Disclaimer:
While we have made every effort to ensure the accuracy and truthfulness of the information provided in this advertisement, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are advised to conduct their own inquiries to verify the information presented.