With Development Approval to split the lot into 2, this site has endless options:

1. Sub-divide the lot and build two new dwellings
2. Build a duplex and then strata title and sub-divide creating two freehold dwellings – check with your town planner
3. Turn the study into a bedroom and add convert laundry into a bathroom. With median rent for 4 bedrooms in Darra being $420 you would have a yield in excess of 6%

The options are endless and take advantage of Brisbane’s cheapest DA site now!