**This property is available and can be easily inspected on weekdays or on Saturday by appointment. Please call/email to arrange an inspection.**
Calling all Developers, Investors & Land Bankers – this is a exciting opportunity to purchase a large block of Medium Density land with a CURRENT DEVELOPMENT APPROVAL and an existing income stream!
The property has a CURRENT DEVELOPMENT APPROVAL for 4 large units (total GFA of 421m2) which has been significantly progressed with Building and Structural Plans along with Geotechnical and Hydraulic reports completed.
For those seeking an investment or holding income, the property is improved with a duplex which is currently returning a total gross income of $30,160 per annum!
Rarely does a property with this much potential come to the market, offering an exceptionally convenient location so close to every service and amenity you could think of. The property is just around the corner from Chermside’s retail/commercial precinct, is within 700m of Westfield Chermside (Qld’s Largest Shopping Centre and Dining Precinct), 600m from Prince Charles and Holy Spirit Hospitals and is just a short 200m walk to city express bus stops!
The options are endless – develop now, seek a new development approval (STCA) or hold for the future!
Savvy buyers will recognize the exceptional opportunity on offer with this property. Act fast or risk missing out. Contact JOSHUA WATERS for further details.