29 Fisher Street, East Brisbane, QLD, 4169, AU

29 Fisher Street

Asset Description

JLL are pleased to exclusively present 29 Fisher Street, East Brisbane; a twenty-one-bedroom accommodation facility strategically positioned in one of Brisbane’s most in demand locations set to benefit from significant surrounding development and infrastructure investment.

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Attributes

Land area gross

837 m²

Media

Investment Highlights

Key benefits as follows;

Comprehensive refurbishment program completed in 2022
Gross income potential circa $500,000 per annum with historically low vacancy
Includes twenty-one (21) generous single rooms, seven (7) full communal bathrooms, three (3) powder rooms and multiple living areas.
837sqm* LMR2 site area in affluent near city catchment with median four-bedroom house price being close to $2m.
Strategically located in walking distance to forthcoming Cross River Rail station.
Walking distance to exceptional lifestyle & convenience amenity.
Significant underlying accommodation demand with strong rental growth forecasted.

The property is being offered for sale via Expressions of Interest closing Tuesday 16 April 2024 at 4pm.