Unique home in development precinct.
High Growth Medium Density Community. (Development Potential).
Large 655m2 block. Wide 16.5m frontage. Zoning – LMR2

Direct access to Boundary Road, buses, train, shopping, services.

A great combination of, location, income rental potential $400-450pw + and capital growth.

Price guides, rental appraisal, property report, development Information memorandom.
All available on request. Please supply your email address with messages.

Original Home, solid brick throughout, 3 bedroom, 1 bathroom ,1 tiolet, 2 car rear garage.

Development Potential – Provisional Assessment

Brisbane Zoning – LMR2 Low medium density residential (2 or 3 storey mix). The purpose of the Low-medium density residential zone code is to provide for a range and mix of dwelling types including dwelling houses and multiple dwellings. . Refer to Part 6 in the City Plan 2014 and the Factsheets. Coopers Plains Residential NPP-006 and Acacia Rd – Archerfield Neighbourhood Plan. Information Memorandum available on request.

Based on 45% site cover and 3 storey limit with car parking at ground level, a potential yield of 9 x 1B units or 6 x 2B units (or a combination of 1 and 2 beds) could be achieved over the site and calculated as follows:
• 640m2 x 45% Site Cover = 288m2 GFA
• 288m2 / 1 bedroom units (80m2) = 3.6 per storey
• 288m2/ 2 bedroom units (100m2) = 2.88 per storey
Actual physical yield should be determined by an architectural feasibility having regard to the building envelope dictated by site cover, building height, setbacks, landscaping and on-site facilities (i.e. driveway etc),

Walk To Schools and Shops
Walk To Bus Stop and Train Station
Griffith Uni – Public and Private Hospitals are Close
Sports Clubs – Restaurants – Cinemas and direct Motorway Access .
Plaza Shops, Restaurants, Schools and Childcare Centre.
Ideal For A Large Family.
Tradies Paradise – Work From Home
Great Student accomodation opportunity.
Nest Or Invest – It Is Your Choice !

Addtional Information Memorandum. eg Council and zoning information
Available upon request.

Disclaimer – All information detailed including future development options contained herein are gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above and council zoning, require the buyer’s own due diligence and are subject to satisfaction of the zoning code & subject to council approval