139 - 145 , Leichhardt Street, SPRING HILL, QLD


OFFERS OVER $38,000,000

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Property Features
  • Category : Hotel/Leisure
  • Building Area: 1200
  • Car Spaces: 50
  • Tenancy: Vacant

Property Description

This is a chance to park your money in Freehold Building in Brisbane -the New World Australian city. The future owner controls everything! Enjoy clean-air of Queensland, glorious resort areas of Gold Coast and Sunshine Coast, great cultural and shopping facilities. Pay for it all with an estimated passive net income of around $1.5m.

Give your family a life style or somewhere to come for holidays. Sit back and enjoy the long-term capital growth as Brisbane prices catch up with Sydney and Melbourne.

Live in the Penthouse Apartment and enjoy the city views while relaxing on the terrace. Let the kids go to one of the best schools in Queensland within a few minutes' walk. Queensland's best universities are within a short driving distance. From your base in Brisbane it is just 20 min drive to international airport to take you anywhere in Asia and beyond. Or just enjoy the stroll on the river front and Botanical Gardens, drop into a bar for a drink or one of fabulous restaurants for great dining experience.

* Estimated passive gross income of $1,800,000 + per annum;
* 60+ apartments;
* 2 retail units;
* 50+ parking space and a swimming pool;
* 2 elevators
* The Penthouse Apartments have glorious view of the city and beyond;
* Brisbane Central Station and Roma Street Station a few minutes' walk;
* Some of the best schools in Queensland within walking distance;

- Brisbane Grammar (Boys) 10min
- Brisbane Girls Grammar 10min
- St Joseph's College (The Terrace, Boys) 12min
- All Hallow's (Girls) 13min

* Brisbane International Airport 20min drive. Flights to all Australian Capital Cities and major East and South-East Asian destinations;
* Queensland University of Technology accessed via free Brisbane CBD Loop Bus

This is a turn-key project and new owner will receive the keys to building in a finished state (subject to contract conditions).

Development Approval and Building Approval are already in place. The building team is already in and major structural works have been completed. Lifts are being installed and the building will be finished to an agreed standard,

This is a confidential sale and only genuine buyers are invited to contact. No agencies please. The genuine buyer will be invited to visit the fair city of Brisbane and personally meet with seller and view the building under refurbishment to truly understand the scale and potential of the opportunity.

Brisbane, is the capital and most populous city in the Australian state of Queensland. With a population of 2.3 million, it is the third most populous city in Australia. It is the centre of wider South East Queensland urban conurbation encompassing a population of more than 3.4 million. It has a sub-tropical climate, gardens and parks, and its ever-changing contemporary architecture, a river that meanders through providing beautiful back drop to a picture postcard city

Contact Mumtaz Saleem +61 405 669 264

Property Agent

Advert Id:8179

Name:Mumtaz Saleem

Phone: 0405 6****

 LJ Hooker Commercial Brisbane logo
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