Situated in a quiet location just off Old Cleveland Road, this prime inner city development opportunity could be split, or townhouses and units built on it.

On the Stones Corner/Coorparoo border, this property would most likely get 60% GFA (subject to council approval). The property currently has a large three bedroom, one bathroom house at the front, which is in good condition and would provide an excellent holding income while you await development approval. The house could easily be removed if required.

The property has a direct, easy route to the CBD and would be less than four kilometres from it. Close to shops, schools, transport and located in a blue chip suburb, this is a unique and all too rare opportunity. Purchase now for an outstanding return from your initial investment.

900m2 LMR
Two street frontage
60% GFA very likely
Good holding income
Four kilometres to CBD