Location! Location! Location! This is gold!
Close to Hellawell Road bus stops & quality local shops like Pinelands Plaza, this prime 8094m2 block in one of Sunnybank Hill’s best pockets has a rent-generating house on-site and huge future development potential.
If you’re looking for a great project, you won’t want to look past this one! The DA has already been approved for the subdivision, so all you have to do is decide what you want to do next.
The existing home is a well maintained, contemporary 4 bedroom brick lowset with a sweeping verandah that stretches right across its front.
The house is currently attracting a healthy rent of $600 p/w – a nice return to receive while you’re drawing up those development plans!
The house itself is approximately 30 years old and sits behind a solid brick front fence. Inside it offers spacious living for a small to medium size family with a carpeted lounge room, dining area and 3 bathrooms.
The kitchen has a country-style feel with its timber cabinetry – incorporating full length cupboards as well as ample below and above bench storage and a dual sink.
There’s a laundry as well as a large shed/workshop area and a 2 car garage.
Additional features of the existing home include:
- DA approved subdivision for 12 blocks
- Close to everything, in the heart of Sunnybank hills
- Very flat level block
- Colorbond roof
- Solar panels
- Ceiling fans
- Established garden beds and loads of lawn
This is a superb investment opportunity for developers in a truly supreme location. With the existing home able to generate such healthy rental income – or providing you with your own place to live for a while – you can take your time drawing up your plans.
All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.