Guaranteed to appreciate this 810m2 of LMR land on 2 lots on a corner block has been earmarked by the Council, to allow residential buildings to be built on it up to a maximum height of 15m and up to 5 storeys from ground level.

Residential buildings will have a maximum plot ratio of 0.8 and consequently once certified you could put 8x 2 bed units(80m2) or 6×3 bed townhouses(100m2)on this land.

Currently there is a 2 bed+ sleep-out,1 bath postwar house on the site that would provide a solid holding income. In Precinct C in the Wynnum/Manly Draft Plan this land will only become more valuable and is being sold at yesterday’s prices.

Purchase it today and either land bank and on sell or develop and build, for an outstanding return from your astute investment.

810m2 of land
Build up to five storeys
0.8 plot ratio
Build eight two bed units
Solid holding income