This 2.04 hectare (five acre) property is awaiting an astute developer or investor to subdivide it now or hang on to it for future development.

On one side is a similar sized block that has already been developed. In fact, this area is going ahead in leaps and bounds.

It is located in Crestmead in close proximity to main roads such as Browns Plains Road and Chambers Flats Road.

Local zoning is Residential 600 (4600) and general zoning is rural. This block is perfectly suited for the development of townhouses and currently it is being surveyed to see how many you can get.

There is a three bedroom brick and tile house in good condition which can be rented or lived in if you were going to sit on this great investment for a while.

Also, there is a fenced off paddock and dam which the current owners use to keep their horses.

Call now to arrange an inspection.

Sustainability Declaration available from our Coorparoo office.

2.04 hectare