Rare opportunity to secure this immaculately presented three storey block of flats returning a lucrative income, which can be continued whether the block is to be developed or held as a long term investment.

The block comprises of six fully renovated, air conditioned flats, spacious single lock up garages with manicured lawns. With amazing city and parkland views this level 809m2 block is zoned QPP-HDR1 High Density Residential zoning, with a development opportunity of six to a possible eight storeys. This property is definitely a unique opportunity to enter the newest up and coming ‘Urban Village’ on the out skirts of the CBD.

Superbly situated in a quiet and peaceful position with only a 100 metre stroll to the Stones Corner Shopping Precinct. The newly established Stones Corner Bus Station is only 400 metres or Rail Transport is another option. With close proximity to Hospitals, Universities, Private Schools, Shopping Centres and easy access to the Motor Way this prime development opportunity is sure to impress.

Development land this close to Brisbane with so much potential is tightly held so DON’T delay.

To arrange an inspection of the site and obtain an Information Pack contact me today!

Features:

- Property Type: Three storey block of flats
- Unit Configuration: 4 x 2 Bedroom and 2 x 1 Bedroom
- Bedrooms: Ten
- Bathrooms: Six
- Garage Spaces: Six secure spaces
- Land Size: 809 m
- Current rental income $100,000 pa. (approx)