Rare waterfront opportunity awaits the savvy investor or developer looking for something unique.
This Grand old home sits on 1068sqm of prime Scarborough waterfront land adjacent to the sands of Queens Beach Nth.
This tightly held piece of land has been in the same family for many years, but the time has come to change directions and this presents an opportunity for you to capitalise.
Pre-lodgement meetings with the council have been held and with the proposed re-zoning to 5 storeys (STCA) the possibilities are numerous. Alternatively land bank and enjoy regular income from the long-term tenant, currently at $540 per week, whilst watching North Brisbane’s undervalued waterfront land prices enjoy the capitol growth the southern states have enjoyed over the recent years.
Flinders Pde properties have traditionally sold at or before Auction, and 131 will be no exception.
Call today to arrange an inspection