Positioned upon a generous and hard to come by 1,282m parcel of land, 18 Montrose Road presents as a rare and enticing opportunity for astute Developers, land banking investors and renovators alike.
Enjoying an elevated, north-easterly aspect in a highly sought after pocket the quiet location of this property is the epitome of family friendly convenience all within the heart of leafy Taringa.
Zoned (LMR2) Low-Medium Density Residential with a 24.1 metre frontage the site is DA approved for the construction of 7 townhouses. Whether you’re looking to redevelop the site, knock down the existing homes and build, or land bank for future potential and rent out, the options are endless!
Presenting as an exceptional post war opportunity the existing 5 townhomes have all been internally gutted and are ripe for renovation allowing work to commence immediately.
Living in Taringa you will be immersed in its convenience with fantastic lifestyle facilities, parks, shops, and restaurants all at your doorstep! The school catchment is excellent, being a stone’s throw away from Toowong State School, Indooroopilly State High School and the other nearby prestigious private schools including Brisbane Boys College, St Peters Lutheran College and Ambrose Treacy College.
There are plenty of public transport options close by including the Taringa Train Station and Regatta Ferry Terminal and all less than 5.5 kilometres to the Brisbane CBD.
Discover an outstanding opportunity with undeniable appeal in a popular and highly sought after location. With a lot of the hard work having already been done astute purchasers will need to act quickly. Get in touch to organise your inspection today.
Brick Construction, Car Parking – Surface, Close to Schools, Close to Shops, Close to Transport