With a council site value of $940,000 this prime acreage with subdivision potential represents excellent value for money.
Currently there is a four bedroom house plus separate self-contained granny flat on the land returning $600 per week.
Perfectly positioned the existing dwellings location on the property would allow you to keep them and further subdivision take place if so desired.
Zoned Future Urban with two street frontage this block of land is superbly located approximately 20 minutes from the CBD and 5 minutes to Carindale Shopping Centre in an area that is experiencing unprecedented development and growth.
An astute investment for a buyer looking for strong capital growth and solid holding income in a prime location.
With clear instructions from out interstate owner this property has been priced to and MUST be sold.
Secure it now.
Council land value of $940,000
Subdivision potential
Four bedroom house with self-contained granny flat
Returning $600 per week
Can keep existing dwellings and subdivide
Two street frontage, zoned future Urban
20 minutes to the CBD, 5 minutes to Carindale Shopping Centre
In area having unprecedented growth
Astute investment, strong capital growth