28 Hipwood Avenue
Coorparoo, QLD 4151

Overview

WHOLE UNIT BLOCK - REQUIRING RENOVATION - SUPREME LOCATION

Astute investors will recognize the exceptional opportunity presented by this entire unit block located in a highly sought-after area. Positioned on a generous 875 square meter parcel, this property comprises five brick units, each featuring two bedrooms. The block is in need of renovation, offering a unique project for investors and developers to either convert or redevelop into a prestigious investment asset.

Each unit is self-contained and thoughtfully designed to provide comfortable living spaces. They include spacious living rooms that flow into adjoining kitchens, a large master bedroom with ample space, a second bedroom, and a functional bathroom. The units benefit from under-building carports, providing convenient parking, as well as a shared laundry facility for residents.

The location is considered prime real estate, nestled among high-value homes and offering quick access to Brisbane's central business district. Residents will enjoy proximity to comprehensive shopping amenities and public transportation options, making this an ideal location for tenants or future redevelopment.

This rare offering has been held by the same owner for 33 years, and the time has come to present this opportunity to the market. Whether you are an investor seeking a solid rental income or a developer looking for a redevelopment project in a prime location, this property presents a compelling proposition.

Location