This dilapidated house is sitting on 604 m2 LMR2 prime development gold in sought after Alderley. With luxury $700k+ townhouses to the right of the site and $570k+ townhouses to the left, the precedent has been well and truly set for this property. With that in mind make sure you bring your structural engineering friends with you because this property wont need to be demolished for much longer! The property consists of the following: – An unsound 3 bed Queenslander patched with non sympathetic materials – 1 bathroom – 604m2 zoned LMR2 Your options (subject to council approval): – Remove the home and build four townhouses – Renovate the home and put two townhouses in the back With the street beautification of Alderley starting and the major shopping centre redevelopment in the works, Alderley is a suburb on the rise! Secure yourself a prime development site close to schools, shops, and transport while you still can!