Developers call!! I have all the answers!!

Here is an opportunity to purchase 4162 square metres of land with townhouse development potential.

The land has a highset brick home with three bedrooms and two bathrooms positioned on the south eastern corner of the allotment. The positioning of the home allows for easy subdivision of the home ensuring a seamless transition to developing the rest of the allotment for townhouses. The home is currently rented and enjoying an $18,200 per annum return.

Even with the subdivision of the existing home there is still ample land to create a quality townhouse complex, surrounded by sports ovals, picnic grounds and parklands. Approx 9kms to Brisbane CBD and easy access to North and South Freeways. This is a fantastic opportunity for any developer to receive a solid return while submitting D.A. and B.A. to council.

Make no mistake this Lot is going to sell and the vendor has factored into the pricing ample room for the astute purchaser to attract terrific returns for developing this allotment.

Although this property is considered in a low lying area, as per Brisbane City Council “Flood Wise” Data, it was NOT affected by flooding in 2011, and, nor by the 1 in 100 Flood in 1970′s.
For sale as one allotment (4150m2) or together with adjoining property (3935m2) at 16 Kate Street.

A rare opportunity to buy a 2 acre site for development or for lifestyle.

If you are looking to buy a site that would suit a small detached housing development then this will suit you.

If you are looking to buy a site for a townhouse development then this will suit you.

Surrounded by parkland and in a quiet location on the corner of Preston Road and Kate Street, this is a very attractive site for a quality development.