Welcome to your opportunity like no other. This is 88 Chaucer Street, Moorooka. A quaint cottage sitting on a prime 810sqm parcel of land, less than 10kms from the CBD that has it all and more!
Brisbane is experiencing a population boom and the demand for housing within 10kms of the CBD is only set to increase. Land of this size with this kind of potential is becoming more and more rare and this is without question, an opportunity like no other.
Sitting on 2 lots, a 21m frontage, LMR zoning and clear development potential. The existing dwelling has been meticulously maintained by the current owner however is not protected by a character code and there is a current demolition permit available. Now is the time to call in your town planner and start making plans for the endless possibilities this outstanding investment opportunity presents.
To top it off, the Brisbane City Council is in the process of creating a new neighbourhood plan for Moorooka and the surrounding areas. The proposed plan includes exciting new retail and entertaining precincts a short stroll away along the well known “Moorooka Magic Mile.” These plans are all set to add enormous value to the area and house and land prices will surely only go one way as a result.
This prime position is just a short walk to the Moorooka train station and bus routes, busways and the Veloway 1 Cycleway are all in close proximity. This will connect to the future Brisbane Metro, Cross River Rail and upgraded cycling and walking paths and then link up to existing infrastructure in surrounding suburbs including Westfield Garden City, the Queen Elizabeth II Jubilee Hospital, Griffith University Campus, Queensland Tennis Centre, Oxley Common and Archerfield Airport to the south.
This incredible opportunity includes but is not limited to:
andbull; Double block on two titles zoned LMR 2
andbull; The existing dwelling can be removed
andbull; Flood free location
andbull; Less than 10kms to the Brisbane CBD
andbull; Two bedrooms, 1 bathroom, plenty of off street parking
andbull; Tenanted until February 2022 for $355 per week
andbull; Walking distance to various public transport options
andbull; Easy access to the M1 on to the Gold and Sunshine Coasts, CBD as well as the Ipswich Motorway
This is a once in a lifetime opportunity to purchase a unique property so be sure to register your interest quickly.