A rare opportunity to secure 1902m2 medium residential zoned site with DA approval for a 5 storey complex consisting of 53 units and potential reconfiguration to 39 premium properties depending on your needs.
Corner allotment in the heart of Coopers Plains the property is situated a stones through from Sunnybank (1.5km), a short walk to Griffith University (1.9km) and QEII Hospital (1.6km) and still only 11km from the Brisbane CBD. Current configuration includes 44 x 2 bed 2 bath and 9 x 1 bed 1 bath units with current applications to alter to 16 x 3 bed 2 bath and 23 x 2 bed 2 bath units. All plans and information available online with Brisbane City Council.
With clear instructions from the Mortgagee that the property absolutely must be sold come Auction Day, we invite you to do you Due Diligence as this may be the best value for money development opportunity to hit the market in 2019.