PROPERTY SUMMARY
PROPERTY DESCRIPTION
Where else in Brisbane could you secure a property with proven potential and growth, at such a competitive price point?
1146m2: 2 lots on 1 title; solid existing 3 BD postwar stucco home rented reliably. Prospects for 20+ 2/3 bedroom units or 10-12 three level townhouses or split it up! Or you could just buy and hold.
Property Details:
• 1146m2 MR (MR code presents a range of options under the 2014 BCC plan)
• Rare wider frontage (20-21m)
• 2 lots on 1 title
• Good Precedent
• Clean development site 400mm fall, no flood, no DCP, no contamination, no easements affecting code assessment, ready access to sewer and storm water/essential services*.
• Less than 400m walking distance to high frequency train station (reduced car parking requirement) under the BCC plan*.
• 3 BDRM Post war stucco property renting to good long term tenants.
Would suit an owner occupier or investor. House and gardens hassle free and solid, but could benefit with minor renovation. There’s room for a big bash match in the backyard, which also presents a number of other options i.e. home business/transportable granny flat/ great shed etc.