23 Roseglen Street Greenslopes QLD 4120

Rare opportunity to occupy, invest or develop in Greenslopes

Currently a double-storey brick home set on 860m2 of land zoned for low-medium density residential (LMR2) up to 3 storeys. A buyer has lucrative options:
• Own and occupy 5 bedrooms, 1 bathroom, 2 lock-up garages in a community with strong historical population growth of 2.0% (vs Brisbane 1.2%);
• Be landlord and tenant it out in a suburb where 54.9% of the resident population are renters; or
• Demolish and develop/build into duplexes, townhomes, or apartments up to 3 storeys (STCA).

With approximately 11,000 residents, Greenslopes has a relatively young population (median age 33.5 years vs. Brisbane 35.9) that earns more than the Brisbane average (median personal income $55k vs Brisbane $49k). The suburb benefits from:
• Excellent transport links, easily accessible by Pacific Motorway and buses (5mins from Greenslopes Bus Interchange)
• 7 parks covering almost 9% of its total area
• A shopping mall within the suburb, and 3 others within 3km
• 5 childcare services
• 1 aged care service
• A private hospital (Greenslopes Private Hospital)
• 1 local primary school (Greenslopes State School)
• Catchment area for Cavendish Road State High School (top 30 Brisbane school based on year 12 results, 6min drive)
• Proximity to the future Olympics precinct in Woolloongabba (8min drive)
• Proximity to Brisbane CBD (10min drive)

Please contact exclusive agents Sid Arora or Kim McRae for further details.