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House for Sale in Windsor
9.72% Yield - Positively Geared
- 3 Beds
- 1 Bath
- 7 Cars
DA Approved Development - 10 Self-Contained Suites - Prime Windsor Location
Approved high-yield development (single dwelling approval with 10 self-contained suites) positioned on a substantial inner-city allotment in the highly sought-after suburb of Windsor.
An exceptional opportunity to secure a fully approved co-living development site in one of Brisbane's most tightly held inner-north locations.
36 Bowen Street, Windsor offers Development Approval for a purpose-designed co-living residence comprising 10 self-contained studio suites, providing investors and developers with a rare turnkey opportunity in a market experiencing strong demand for affordable, well-located rental accommodation.
The approved design delivers a flood-responsive elevated Queenslander-inspired development, with open undercroft parking and two buildings positioned across the site to maximise yield while maintaining a high quality residential outcome.
Each suite has been designed to function as independent accommodation, supporting a strong rental model suitable for long-term tenants, professionals, or managed co-living operations.
Advertised package price includes project site of 923m2 (including current house onsite - rent estimate $900PW) and a Fixed Price, Full-Turn Key Build Contract of DA approved plans proudly supplied by www.builderbrokers.com.au (2 Contracts, Land + Build Contact)
With approval already secured, purchasers can proceed directly to detailed design, construction and delivery of a high-yield investment product in a proven rental corridor.
Property Highlights
• Development Approval in place
• Approved for 10 self-contained studio suites
• Co-living residence approval (single dwelling classification)
• Two elevated buildings with open undercroft parking
• Designed for flood compliance and efficient construction
• Strong rental demand location in Brisbane's inner north
• Close proximity to Brisbane CBD, Royal Brisbane Hospital and QUT
• Walking distance to public transport, cafes and lifestyle amenities
Investment Potential
The approved design supports a high-yield co-living accommodation model, providing the opportunity to deliver a fully tenanted rental asset in a location experiencing ongoing population growth and strong demand for flexible housing options.
Indicative rental modelling and full development documentation are available upon request.
Location
Windsor continues to attract strong investor interest due to its proximity to major employment hubs including:
• Brisbane CBD
• Royal Brisbane & Women's Hospital
• Victoria Park redevelopment precinct
• QUT Kelvin Grove
• Major public transport connections
This central location supports consistent demand for well-located, professionally managed rental accommodation.
Information Memorandum
A detailed Information Memorandum including development approval documentation, architectural plans and supporting material is available upon request.
Contact - Michael Shekell for questions or further information on 0497 855 498.
DISCLAIMER: While every effort has been made by the Michael Shekell Real Estate Team and Ray White Aspley Property Partners Pty Ltd to ensure the accuracy of this advertisement, they accept no liability for any errors, omissions, inaccuracies, or misstatements contained herein. Pictures, Images, Facades, Specifications, Floorplans, Pricing are all subject to final contract detail and STCA. Prospective purchasers are urged to seek and conduct their own inquiries and due diligence to verify the information provided. For the purpose of clarity, no specific personal or corporate financial advice or legal/tax advice, has been offered or received.
256m²
923m² / 0.23 acres
4 garage spaces, 1 carport space and 2 off street parks
3
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