This investment property is now surplus to my clients needs and presents a fantastic opportunity with many options on the 1,300m2 block.
The D.A for the development of 6 townhouses on the site has expired. However the Sellers spent approximately $100,000 on the FULL design and engineering plans. All the HOMEWORK has been done for you!!!
The post war home on site has been rented for the past 12 years returning $290 per week. It is a 3 bedroom home with air conditioned lounge room, 1 bathroom and eat style kitchen.
There is the option for the home owner wanting a large 1300m2 block to build sheds for the toys, park trucks, build a pool, and lift, remove or renovate the existing dwelling.
Land bank and collect rent, renew the D.A and build the townhouses, the choice is yours. The location is superb.
The address is close to 2 train stations, walk to Tafe, schools, Bunnings, shops and cafes. Instant access to Brisbane and the Warrego HWY. You couldn't ask for a better location!
Features
- Air Conditioning
