CBRE is pleased to exclusively offer 87 Crescent Road, Hamilton.
Perched on one of Brisbane's most prestigious hillside suburbs, 87 Crescent Road offers a six-unit block of units providing a fully leased income of $133,130 per annum on an 888sqm* land parcel with exceptional development upside.
Currently featuring five 1-bedroom units and one 2-bedroom unit, the site is ideally positioned for a variety of residential developments, including townhouses, units, block splitter or a high-end luxury home.
Property Highligts:
+ 888sqm* allotment with city and river views
+ Six fully leased units providing an income of $133,130 per annum
+ 20m* frontage to Crescent Road with immediate access to Kingsford Smith Drive
+ Development upside being zoned LMR2 Low-Medium Density Residential (2 or 3 storey mix)
+ Situated within the affluent suburb of Hamilton surrounded with Public Transport services, Amenities, Education and Lifestyle precincts.