Wow – look at this! All the hard work has been done.
This site has just been development approved for thirty, two bedroom units over three levels.
Strategically located opposite the Narangba train station and within walking distance to local shops, schools and childcare, this location is screaming out for this development.
The property is situated on 2,023m2 of land and improvements include a large residence which has been configured into three separate tenancies which are all tenanted and currently returning $870 per week.
The neighbouring block is also currently on the market, with a total site in excess of of 6,000m2 being available.
With similar projects selling quickly off the plan, South East Queensland continues to experience huge demand for this style of product
Motivated vendor will sell below valuation.
Call now for an information memorandum including full DA, plans and conditions.
Sustainability Declaration available from our Alderley office.
Development approved
Strategic location
Walk to schools
Opposite station
Holding income