The opportunity has arisen for the small property developer or the experienced one who sees the potential in this property. We have two adjoining properties with a total of 1502m2 of prime development land within a stones throw from Petrie Railway Station. With Petrie Railway Station due to become the central hub for the new Redcliffe Rail line, the development potential for this rare property is staggering.

Both lots are zoned Residential B, with one possessing an approved Development Approval of 4 units, being 3 x 2 Storey, 3 bedroom Townhouses and a 2 Storey, 2 bedroom townhouse. Creating another development approval of 4-6 units on the adjoining allotment will create a combined yield of 8-10 very saleable units.

Close to trains and within walking distance to all other amenities including shops, schools and parks makes this combined property a rare find indeed.

For an investor the rental potential is high, sustainable and ongoing.

Every person who has dreamed of starting in developing should be looking at this property and those that are currently in the market for prime development sites should be knocking down our door.

For an Inspection of the site and other information call today!