152-156 Gailey Road, St Lucia represents an outstanding opportunity to secure a ‘development ready’ site in a premium position.
The 1,619m² DA approved holding is in the highly sought after Inner West suburb of St Lucia and offers the following key characteristics:
• Development Approval for a 6-storey student accommodation building consisting of 90 student beds within 17 units;
• Nearby to high calibre educational institutions including;
o 1.5km to The University of Queensland, ranked second best university in Australia in 2016;
o 4km to Queensland University of Technology (Gardens Point)
o 5km to Queensland University of Technology (Kelvin Grove)
• Situated within 4.5km of the Brisbane CBD;
• Elevated extensive two street frontages offer potential for expansive views;
• Potential for other uses including residential apartments, hotel / short term accommodation and retirement/aged care operations (STCA) - concept plans have been prepared for 26 x two and three bedroom apartments;
• Easy access to public transport;
• Proximity to an array of local retail amenity, and also located nearby to Toowong Shopping Village, Indooroopilly Shopping Centre and Park Road Precinct.

For further information please contact the exclusive agents.