29 Fisher Street, East Brisbane, QLD 4169

**This property is open by private inspection only**

We are pleased to 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. Potential gross returns at $469,000 per annum / $9030 per week, with outgoings approx $150,000 per annum.

Key benefits as follows;

? Comprehensive refurbishment program completed in 2022.

? Includes twenty-one (21) generous single rooms, seven (7) full communal bathrooms, three (3) powder rooms, multiple living areas, off-street car accommodation for six (6) vehicles.

? 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.

Only minutes from the heart of Brisbane's CBD, this incomparable home is close to leafy Mowbray Park and the Mowbray Park Ferry Terminal. A slew of shops, dining options and city-bound bus stops are nearby. Bulimba's fashionable attractions, the Norman Park train station, the iconic Gabba Cricket Grounds and the soon-to-be-completed Cross River Rail Woolloongabba station precinct are also easily accessible from this address.

Just a stone's throw from the prestigious Anglican Church Grammar School, Lourdes Hill College and Saint Joseph's Catholic Primary School, this unrivalled property is a short distance from QUT's Kelvin Grove and Gardens Point campuses. UQ's Saint Lucia and TAFE Queensland's South Bank campuses are also a quick commute away.

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.