Rare and Outstanding Development Opportunity on 708m2 A prime development opportunity, just moments from the CBD, this 708m2 allotment boasts a wide 20m* frontage is ready for improvement. Held by the same family for over fifty years, its unbeatable location makes it a prime site for investors wanting to secure a site with endless potential.Currently on the block is a duplex which could be demolished (subject to Brisbane City Council approval) or held if holding income is sought after.Situated in the QPP-HDR1 zone, the purchaser, may reach up to eight storeys in height for a development (subject to Brisbane City Council approval). Developers will appreciate this blocks close proximity to the iconic Gabba, hosting an array of world class sporting events year round.Superbly placed within the sought-after Kangaroo Point locale, residents can expect to utilise the selection of amenities and local sights such as cafes and lifestyle delights. Easy access to the CBD to drive, or catch a local bus all afforded within metres, plus all the delights that Brisbane City has on offer.*approx.