This is the one you have been searching for!
Currently there are three registered flats on a 718m2 block of land, zoned LMR, with a development approval for five units (three x two bedroom units and two x three bedroom units).
The flats are in sound condition, fully tenanted and returning $850 per week.
This is a perfect opportunity for the astute investor or developer to secure a premium approved site with sound holding income just a few kilometres from Brisbane CBD.
With South East Queensland continuing to grow at a rapid rate, sites of this calibre are in real demand!
Don’t delay.
Three flats
DA approval
Zoned LMR
Walk to shops
Walk to transport
Returning $850 per week