The opportunity that exists with this Three Bedroom home is virtually self explanatory. With an approved development for four units on the site, plus a very rentable home in situ, this proposal will suit a wide variety of opportunists.
Ideally suited to builders, developers or investors, this 640sqm block is situated on the high side of Roseglen Street. It has an excellent outlook over Holland Park West and Tarragindi and the advantage of being in a quiet, no through road.
Literally just metres from Greenslopes Private Hospital, the Greenslopes Mall Shopping Centre, Logan Road Bus Routes and only minutes to the city by vehicle, the benefits of this location add excellent value to this investment opportunity.
The current home is high set timber with three bedrooms, one bathroom and two car accommodation. It has an updated kitchen and a timber deck flowing out to the backyard from the dining area. Features include timber floors.
The Development Approval for Four units is as follows -
Unit 1 – Two Bedroom, Two Bathroom, One Car
Unit 2 – Two Bedroom, Two Bathroom, One Car
Unit 3 – Three Bedroom, Two Bathroom, One Car
Unit 4 – Three Bedroom, Two Bathroom, Two Car
The current owner is over committed and can’t hang on to this project any longer so his loss is your gain.
Full development plans can be obtained from the marketing agent.