39 Edmondstone Street, South Brisbane, QLD, 4101

RPM Group and First National Commercial are pleased to present for sale 39 & 39A Edmondstone Street and 58 & 62 Browning Street, South Brisbane, offered to the market for the first time since in 42 years.

The amalgamation of four titles forms a substantial 1,808sqm holding within the High Density Residential Zone (HDR1), providing established holding income together with significant potential for a high-quality residential development.

The site is code assessable to six storeys, with recent approvals in the immediate precinct demonstrating potential for further uplift if 12+ Storey (STCA). A development concept has been considered by Brisbane City Council at pre-lodgement, with meeting minutes available to prospective purchasers.

Positioned directly opposite Musgrave Park and within walking distance of South Bank, the property is surrounded by riverside parkland, leading cultural institutions and an established mix of retail and dining.

Property Highlights:

✓ Substantial 1,808sqm landholding across four titles

✓ High Density Residential Zone (HDR1)

✓ 40 metres* of total, dual street frontage to Edmondstone and Browning Streets

✓ Six storeys code assessable for MCU, with potential for further uplift (STCA)

✓ $430,800* gross annual holding income

✓ Three-storey building of 10 two-bedroom apartments with 18 basement car parks

✓ Two three-bedroom character houses on Browning Street

✓ Existing short stay accommodation approval in operation

✓ Approximately 3km from the Brisbane CBD

✓ Walking distance to South Brisbane Railway Station and South Bank

✓ Close proximity to the Mater Hospital, Queensland Children's Hospital and Griffith University South Bank

The Edmondstone & Browning Collective is for sale via Expressions of Interest closing Thursday 19th November at 4pm (AEST). Please contact the agents for the Information Memorandum and data room access.

*Approximate

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