12 Smallman Street, Bulimba, QLD, 4171

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Whole Block Of Brick Flats In The Heart Of Bulimba!

First time offered in 34 years, 12 Smallman Street, Bulimba offers a rare and exciting array of attributes which make it simply unique. Located literally in the heart of Bulimba just 1 door from vibrant Oxford Street, this superb location not only provides enviable convenience and life-style, it also presents multiple redevelopment or leverage options.

The 809m2 with a Development Zone LMR2 (Low-Medium Density Residential 2 or 3 Storey mix) is underutilised. The flats may be able to be Strata titled (subject to Council approvals) and the returns could be increased with relatively minor upgrades.

Comprising 2 x 2 bed & 3 x 1 bed flats, each with lock up garage, occupancy in this hot location is never a problem. All flats are well maintained and are showing a current annual return of $86,320 per annum.

• With Oxford Street at your doorstep the treasure trove of Bulimba is all within an easy walk;
• Boutique Cinema Complex, a sensational selection of cafes, bars, and fooderies, a comprehensive business district, medical centre, fitness and specialty retail stores;
• Excellent local private and public schools (from Pre to Secondary);
• Fabulous parklands, river walks and a golf course;
• Bus and city cat service;
• Short drive to the CBD, Gateway motorway and the airport.

FOR SALE BY TENDER CLOSING 5:00PM ON WEDNESDAY, 3 NOVEMBER 2021.

INFORMATION MEMORANDUM AVAILABLE ON REQUEST.

For all enquiries, please contact Maryanne Birch on 0418 123 400 or maryanne@maryannebirch.com.au

The health and safety of our clients, our staff and the community is of the utmost importance to Maryanne Birch Real Estate and we will adhere to social distancing measures and strict hygiene protocols to protect our clients, staff and public.

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information. Any personal information provided to Maryanne Birch Real Estate will come under the terms our Privacy Policy which can be found at www.maryannebirch.com.au/privacy-policy.

Property Details

Price $2,568,000
Property Type Block of Units
Bedrooms 7
Bathrooms 5
Carspaces 5
Land Size 809 m2
Sold At 04/11/2021
Floorplans
Water Rate $1,890 per year

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Maryanne Birch

Maryanne Birch

P: 0738991888

M: 0418123400

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