28 Princess Street, Kangaroo Point, Qld 4169

JLL is pleased to exclusively present for sale 28 Princess Street, Kangaroo Point QLD – a four-apartment holding in an established inner-city suburb. Fully leased and offered in one line, the property delivers strong holding income, with the flexibility to hold as is, reposition or landbank for future development. 


 Rare opportunity to acquire an entire residential complex in one line, with four (4) apartments each comprising two bedrooms, two bathrooms and a secure car bay garage.
 
 Clear value-add pathway to drive rents on an as is bases or post light refurbishments.
 
 648sqm* freehold site with dual street frontage of approximately 40m* to Princess Street and Toohey Street.
 
 Located within Precinct 4 of the Woolloongabba PDA, with a 12-storey maximum building height, allowing significant development upside.
 
 Located directly across the river from the CBD, linked by the Kangaroo Point Green Bridge.
 
 Positioned in proximity to the forthcoming Cross River Rail’s Woolloongabba Station and the planned Gabba Entertainment Precinct, two major infrastructure projects for Brisbane.
 
 Riverside lifestyle including the Kangaroo Point Cliffs, green open space, Main Street dining and retail, the Story Bridge Hotel precinct and the Logan Road dining precinct nearby.
 
 Close to the Mater Hospital and the Queensland Children’s Hospital in Woolloongabba’s health precinct, with Woolloongabba busway station also nearby.