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120 Terrace Street, New Farm, QLD 4005

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120 Terrace Street, New Farm, QLD 4005

New Farm

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120 Terrace Street, New Farm, QLD 4005
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120 Terrace Street, New Farm, QLD 4005

120 Terrace Street, New Farm, QLD 4005

Properties / Buy / Queensland / New Farm
Development Potential
Property Type
Residential
Land Area
1,131 m² (*approx)
Selling Method
For Sale: For Sale
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ENTIRE BRICK RESIDENTIAL COMPLEX | NEW FARM

• Exceptionally well maintained facility with outstanding long term occupancy

• Unmatched amenity - 2min* walk to the heart of James Street

• Land size of 1,131m²* offering numerous redevelopment options

• Significant infrastructure charge credit for any future redevelopment

• Configuration: 36 studio units - all with private kitchen and balcony

• Capitalise on the huge demand for entry level rental accommodation in Inner City Brisbane

• Potential Market Income of $617,348* per annum

• Huge additional rental upside available by altering current design

• Positioned only 1.5km* from Brisbane CBD

• Future redevelopment site -no heritage restraints or restrictive overlays

• Currently Zoned Low-medium density residential (2 or 3 storey mix) but scope and need to increase (subject to council approval)

• Walkable Amenity includes:

- James Street precinct (restaurants, bars, cafes, cinema, retail)

- New Farm Park & Powerhouse Arts Centre

- Merthyr Village (includes Coles)

- Brisbane River Walkway

- Surrounded by parks, cafés, gyms, and everyday amenities

• Excellent public transport - bus and ferry

• Detailed information package available on request

For further information, please contact the Ray White marketing agents

*Approximately

^Listed Building Area subject to further clarification

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

120 Terrace Street Development Site Summary

Property Type
Residential
Land Area
1,131 m² (*approx)
Selling method
For Sale: For Sale

Development Site Highlights

ENTIRE BRICK RESIDENTIAL COMPLEX | NEW FARM

• Exceptionally well maintained facility with outstanding long term occupancy

• Unmatched amenity - 2min* walk to the heart of James Street

• Land size of 1,131m²* offering numerous redevelopment options

• Significant infrastructure charge credit for any future redevelopment

• Configuration: 36 studio units - all with private kitchen and balcony

• Capitalise on the huge demand for entry level rental accommodation in Inner City Brisbane

• Potential Market Income of $617,348* per annum

• Huge additional rental upside available by altering current design

• Positioned only 1.5km* from Brisbane CBD

• Future redevelopment site -no heritage restraints or restrictive overlays

• Currently Zoned Low-medium density residential (2 or 3 storey mix) but scope and need to increase (subject to council approval)

• Walkable Amenity includes:

- James Street precinct (restaurants, bars, cafes, cinema, retail)

- New Farm Park & Powerhouse Arts Centre

- Merthyr Village (includes Coles)

- Brisbane River Walkway

- Surrounded by parks, cafés, gyms, and everyday amenities

• Excellent public transport - bus and ferry

• Detailed information package available on request

For further information, please contact the Ray White marketing agents

*Approximately

^Listed Building Area subject to further clarification

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Andrew Burke
Andrew Burke
+61 *** *** *** show +61 417 606 128
Message Message
+61 417 606 128 [email protected] Message
James Hanley
James Hanley
+61 *** *** *** show +61 408 999 755
Message Message
+61 408 999 755 [email protected] Message
Andrew Burke
Andrew Burke
+61 *** *** *** show +61 417 606 128
Message Message
+61 417 606 128 [email protected] Message
James Hanley
James Hanley
+61 *** *** *** show +61 408 999 755
Message Message
+61 408 999 755 [email protected] Message

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120 Terrace Street, New Farm, QLD 4005

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Property Location of 120 Terrace Street, New Farm, QLD 4005

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Report Contains

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120 Terrace Street, New Farm, QLD 4005 New Farm
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RW Special Projects - QLD
RW Special Projects - QLD
Level 26, 111 Eagle Street, Brisbane City, Qld 4000
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Andrew Burke
Andrew Burke
+61 *** *** *** show +61 417 606 128
James Hanley
James Hanley
+61 *** *** *** show +61 408 999 755
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