CBRE are pleased to present exclusively to market 16 Station Avenue, Gaythorne. A diverse and rare development opportunity, fulfilling the strong demand for NDIS or residential accommodation, featuring a unique opportunity to provide a turnkey solution to create a compelling investment outcome.
Situated on an expansive 749sqm near city development site moments from Gaythorne Train Station, this property is placed at an ideal location with flexible parameters for future development, suited to a range of uses. The property has two existing approvals for a NDIS residential facility offering 8-units or 12 traditional residential (1- & 2-bedroom units).
Currently with shortages of adequate NDIS housing, investment in this sector provides high returns & lease tenure.
Property Features
+ Prime location with immediate access to transport services, Gaythorne Train Station 100m*, providing a 20-minute train ride into Brisbane CBD
+ Expansive 749sqm development site, positioned directly off Pickering Street
+ Strong transport fundamentals for NDIS development with fantastic access and surrounding retail amenity including Brookside Shopping Centre, 1.9kms*
+ Suited to an array of flexible development outcomes currently zoned Low-medium density (2 and 3 storey mix)
+ Existing development approval in place for an immaculate NDIS development or residential units
+ National Disability Insurance Scheme benefits from significant government expenditure, $20 billion spent yearly, including $700million to SDA providers*.
For Sale via offers to purchase, for all enquiries or offers, please contact the listing agent.
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