Call or e-mail Tony Lewis 0402 770 557 or tony@rwan.com.au for details.

MORTGAGEE EXERCISING THE POWER OF SALE

With approximately 83 metres of frontage to Ipswich Rd and side access to the site from Tamworth Street, this 3354 square metres of prime Annerley real estate MUST BE SOLD. This is a great opportunity for anyone desiring a fantastic position to develop in a transforming Annerley. You only have to walk a little over 200m towards the city to see how Annerley is surging ahead due to recent developments.

There are currently four houses on the site that are tenanted and gross approximately $4,000.00 per week combined. From the rear of each of these properties is a great outlook towards Mt Cootha and the Feasibility Study suggests that the site can be further developed to make the most of the view and the main road frontage.

If you would like a copy of the FEASIBILITY STUDY please contact me on 0402 770 557 or tony@rwan.com.au

Each individual lot has the following areas:
No. 551 = 928 square metres
No. 557 = 817 square metres
No. 559 = 615 square metres
No. 561 = 994 square metres
TOTAL = 3354 square metres

Gross Rates payable per quarter:
No. 551 – $724.82
No. 557 – $457.77
No. 559 – $438.80
No. 561 – $488.12
These figures do not include water consumption charges.