31 Bristol Street
West End, QLD 4101

This substantial landholding offers a high-yield investment and development potential within one of Brisbane's most dynamic inner-city precincts. The property is a fully leased four-unit post-war complex situated on an elevated 809 square meter parcel with an impressive 20-metre frontage. This low-maintenance asset is 100% freehold and currently generates a gross annual return of $112,320, providing strong holding income with excellent future upside.

Located in an area with consistently high rental demand, this property is immediately appealing to investors seeking secure cash flow. There is potential to increase income in the short to medium term while planning for long-term redevelopment. Zoned CR2 Character (Infill), the site offers exciting opportunities to clear, subdivide, or redevelop with townhouses, units, a duplex, or triplex, subject to council approval.

The elevated position captures stunning city views, vistas of Mt Coot-tha, and southern outlooks towards the University of Queensland. This prime location is only 3 kilometres from Brisbane's CBD, placing residents close to some of the city's most celebrated lifestyle attractions. West End is renowned for its parklands, Riverwalk, vibrant cafe culture, eclectic dining scene, and the popular Davies Park Markets, making it a sought-after suburb with strong buyer and tenant demand.

Transport options including bus and CityCat are within easy reach, providing seamless travel across the city. The central location also offers excellent connectivity to major educational institutions such as the University of Queensland and QUT Gardens Point campuses, as well as leading local and private colleges. Nearby medical facilities include the Mater Hospital and Queensland Children's Hospital.

This rare opportunity allows investors to secure a substantial inner-city holding with immediate income, exceptional flexibility, and extraordinary future potential. The property features include:

• Investment and redevelopment opportunity just 3km from the CBD
• 100% freehold and fully leased with current gross returns of $112,320 per annum
• Post-war four-unit complex on an elevated 809sqm block with 20m frontage
• Prime site with panoramic views across the city, Mt Coot-tha, and south to UQ
• Low-maintenance asset with no lift and all units on one level
• Four two-bedroom, one-bathroom units with air-conditioned living spaces
• Units 1 and 3 have been refreshed, while Units 2 and 4 remain in original condition
• Communal laundry facilities, four-car carport, and well-maintained complex gardens
• CR2 Character (Infill) zoning offering development potential
• Scope to subdivide or build townhouses, units, duplex, or triplex*
• Drone imagery captured at 9.5m and 12.5m elevation

* Subject to Brisbane City Council approval.

This property represents a unique chance to invest in a blue-chip inner-city location with strong current returns and significant future growth potential.