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28 McLay Street, Coorparoo QLD 4151
Inner-City Investment Opportunity
A 827sqm site within 5.4km from the CBD, featuring five fully self-contained units with a combined rental return of approx. $113,880 p.a. Zoned LMR2, this is a significant opportunity to capitalise on Coorparoo's mounting growth trajectory, redevelop, split and strata title, or sit on a rock-solid income stream (STCA). The location is an absolute knockout – steps from Coorparoo Square cinemas, grocers, restaurants, and the Martha Street precinct, it's a magnet for professionals, couples, and medical workers looking for ease of access to the CBD, major hospitals, daily essentials, and famed café culture.
- Gross annual return approx. $113,880
- 827m2 block – sit, split & strata, or reno
- LMR2 zoned, scope for additional levels (STCA)
- 1 x ground floor three bedroom unit
- 2 x two-bed units, 2 x one-bed unit
- All units ft. undercover parking & laundry
- 5.4km to Brisbane CBD, stroll to express buses
- Walk to ALDI, Coles, Woolworths & boutiques
- Stroll to Martha St, Factory51 & Beyond the Pale
- Close to Camp Hill Marketplace & Westfield
- Easy access Loreto & Villanova Colleges
- Gross annual return approx. $113,880
- 827m2 block – sit, split & strata, or reno
- LMR2 zoned, scope for additional levels (STCA)
- 1 x ground floor three bedroom unit
- 2 x two-bed units, 2 x one-bed unit
- All units ft. undercover parking & laundry
- 5.4km to Brisbane CBD, stroll to express buses
- Walk to ALDI, Coles, Woolworths & boutiques
- Stroll to Martha St, Factory51 & Beyond the Pale
- Close to Camp Hill Marketplace & Westfield
- Easy access Loreto & Villanova Colleges