Positioned in the heart of Labrador/Southport stands this prime available large block of land of 1515m2, with an old home of 3 bedrooms, 2 bathrooms and timber floors that return $370 week. The tenants are happy to stay on should a developer purchase the property for redevelopment in the future.
The land is suitable to subdivide for 2 homes or maybe unit or townhouse development or for an investment.
So close to Griffith Uni, new hospital at Parkwood, Sharks Footy Club, Musgrave Bowls Club, 2 minutes drive to the fabulous Broadwater, Australia Fair Shopping Centre, Chirn Park cafes, trendy shops, restaurants and the future rail link.
Land this size inner-city living is hard to find and is as scarce as hen’s teeth, purchase now develop later. The potential is unlimited! Act now, it’s your nest egg.
The seller is highly motivated and wants a sale urgently. Make Offers.
Please contact the agent for an inspection on this property and to view the sustainability declaration. 24hrs notice is required for an inspection.