Long-time owner-investors retire and are selling this 16,190 sqm (4 acre) property. The sale represents a timely opportunity for an investor or an owner occupier.
• The Local Neighbourhood Plan allows for premium life-style subdivision of 1,500 sqm blocks on this property, providing the potential for significant market differentiation from surrounding small lot subdivisions.

• Acquisition of neighbouring properties by developers is actively in progress. Small lot sub-divisions are allowed on these neighbouring properties.

• Occupied by a long-term tenant, the property boasts a 4 bedrooms 2 bath dwelling.

• The current price sought by the owner-investors is too good to ignore – buy the property to live in and develop at a later stage or continue with the tenancy for a holding income.

• With the prospect of the neighbouring properties being developed into smaller building blocks, we would suggest that there will be a demand for premium bigger building blocks in this evidently thriving area.

• Do not take our word for it but visit the area to see Stockland’s massive development site just a stone’s throw away and the already developed area of Heathwood….also a stone’s throw away. This property sits perfectly in between.

Location :address on requested
Price :$1.3 million
inspection :by appointment
contact: Andrew Lin 07-3373 9855 / 0422 173 450 e:andrew.lin@yong.com.au
Maxwell Loke 07-3373 9828 / 0412 116 369 e:maxwell.loke@yong.com.au