Five proposed townhouses, each containing three bedrooms, two bathrooms and a double lock-up garage.
1348m2 block of land, zoned Residential 250 with 18.5 metre frontage, development approved and building approved already in place. Just needs to be built and watch the profit roll in.
Feasibility studies indicate that each unit will sell in the proximity of low $300,000 each.
School, train station and shops are all within walking distance from the property and only a short drive to Logan Central shopping centre and the Pacific Motorway.
This is a highly desirable street with steady demands.
Current rental cash flow in place in the form of a periodical tenant on an existing house.
Please get in touch with the Investment and Development office for copy of the plans.
Sustainability Declaration is available from our Springwood office.
1348m2 five unit site, residential 250 block
Development approved and building approval already in place
Highly desirable street with steady demands
Schools, train station, shop, public transport within walking distance
Current tenant providing rental cash flow