Post-War Block of Flats with LMR2 Zoning on 1,017m2

- Circa 1970s block of five flats in a blue chip location
- Zoning: Low-medium density residential (2 or 3 storey mix)
- Potential for redevelopment (STCA) with city and district views
- Relatively flat, 1,017m2 block on one title
- Currently earning approximately $1,945 per week rental return
- x3 one bedroom flats, x2 two bedroom flats
- Five car parks under the building with storage for each

Come and check out the massive potential with this incredibly rare opportunity! Offered to the market for the very first time by the original owners, 13a Gibson Street is a Post-War block of five flats sitting on a level 1,017sqm block. Here you have the choice to continue to rent the five flats out as is, earning a $1,945 per week total rent return, or consider potentially redeveloping the LMR2 zoned site (STCA) capitalising on the size of the block and the elevation that captures both potential City and district views.

Not only is this block of flats close to parks, shops and cafes and public transport, it is also located within the Junction Park State School and Yeronga State High School catchment areas.
Opportunities like this in Annerley are wondrously rare- make sure you move fast on this one, because this block won't be on the market for long! Contact Michael Kleimeyer or Harriet Went today.

Explore the area

School catchments

Our Lady's College Secondary 7-12 Catholic 0.21km
Mary Immaculate Primary School Primary Prep-6 Catholic 0.24km
Junction Park State School Primary Prep-6 Government 0.76km
Yeronga State High School Secondary 7-12 Government 1.0km
St Elizabeth's School Primary Prep-6 Catholic 1.1km
Yeronga State School Primary Prep-6 Government 1.4km
Wellers Hill State School Primary Prep-6 Government 1.6km
Greenslopes State School Primary Prep-6 Government 1.9km
St Sebastian's Primary School Primary Prep-6 Catholic 2.3km
Buranda State School Primary Prep-6 Government 2.3km
Moorooka State School Primary Prep-6 Government 2.3km
Brisbane South State Secondary College Secondary 7-11 Government 2.3km
Australian International Islamic College - Buranda Campus Combined Independent 2.4km
St Joachim's School Primary Prep-6 Catholic 2.5km
Dutton Park State School Primary Prep-6 Government 2.6km
St John Henry Newman College Primary Independent 2.6km
St James Primary School Primary Prep-6 Catholic 2.7km
St Ita's Regional Primary School Primary Prep-6 Catholic 2.7km
Villanova College Combined 5-12 Catholic 2.9km
Holland Park State High School Secondary 7-12 Government 3.0km
Loreto College Coorparoo Combined 5-12 Catholic 3.1km
St Laurence's College Combined 5-12 Catholic 3.4km
Queensland Pathways State College - Coorparoo Campus Secondary Government 3.6km
The BUSY School - Salisbury Campus Secondary Independent 3.7km
Queensland Pathways State College Secondary 10-12 Government 3.7km
Somerville House Combined Prep-12 Independent 3.8km
Cavendish Road State High School Secondary 7-12 Government 3.9km
Coorparoo Secondary College Secondary 7-12 Government 3.9km
Brisbane School of Distance Education Combined Prep-12 Government 3.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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