2 Lisburn Street, East Brisbane, Qld 4169

Expression of Interest - Closing 5.00 PM on the 24th of October 2024

An extraordinary, rare, inner-city, development opportunity with multiple project possibilities available to explore under the current zoning plan.

This vacant 759m2 plot of land, zoned Low Medium Density Residential, neighbouring some of East Brisbane's most sought-after residential areas along with Woolloongabba's medium and PDA (high density zones) precinct.

An opportunity the most astute of investors can explore, by either completing the existing DA + BA approved project or simply just land bank and watch the grass grow while you're planning team design a more high-end luxury, terrace style home, apartments or land subdivision development making the most of the city views. (STCA).

Looking to start a project straight away? This site has a full DA and BA approved within the NDIS and SDA housing space. Consisting of 9x SDA High Physical Support apartments and 1x OOA (On-site Overnight Assistance) accommodation apartments.

All approvals are complete, along with a considerable amount of ICN credits recently paid and ready for your builder to break ground and start construction, shovel ready!!


Key Features:

- Low Medium Density zoning, suited for Terrace style complex, land subdivisions, Apartment blocks, or NDIS developments (STCA)
- Potential City views...!!
- Recently approved Fully compliant, shovel ready, NDIS - DA and BA approvals in place 
- 9x 2bed SDA Apartments (City Views on top levels) and 1x OOA Apartments
- $219K ICN credits available (10 units) includes $136k (6 units approved) + $83k (4 units - State Gov incentive pending)
- NDIS Funded investment with high yielding returns upon completion
- Land is cleared, benched with all acoustic fencing installed
- Double Street frontage - With access off Kingfisher Lane
- Neighboring the Woolloongabba PDA precinct. 


Location:

- Only 2.5Km from Brisbane City 
- Short walk to Woolloongabba Inner shopping precinct and The Gabba Stadium
- Only a few hundred meters from the Inner city, cross river rail, Woolloongabba project (Estimated completion 2025)
- Plenty of public transport options
- Multiple Cafes, restaurants and takeaway options all within minutes
 

A perfect opportunity calling any builders, or developers looking for a vacant LRM2 inner-city site, Otherwise, NDIS providers, ready to kick start a project and benefit from potential risk-free government incentive returns, while servicing a growing need for quality specialist disability accommodation. This approved project represents not just a residential SDA development but a long-standing community investment with strong demand for SDA housing across the inner-city Brisbane areas. 

For more information on the current approvals, or for a copy of the information summary and any other documents please call Steve Landeta on the number listed below. 


Disclaimer: While preparing this information we have used our best endeavours to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.