Completely surrounded by multi-unit dwellings, 60% gross floor area would be very likely (subject to council approval) on this 1009m2 of LMR zoned land.

Just off Old Cleveland Road, this prime inner city development opportunity on the Stones Corner/Coorparoo border is less than four kilometres to the CBD and offers a direct, easy route to it.

The land currently has a three bedroom, one bathroom house at the front of the property which is in good condition and would provide a holding income while you await development approval.

With 17 metre frontage, this site slopes toward the road and offers an ideal location for units or townhouses that would literally sell themselves. Close to shops, schools and transport in a blue chip suburb, this is a unique and all too rare opportunity.

Purchase now for an outstanding return from your initial investment.

1009m LMR land
Good holding income
Close to shops, transport
60% gross floor area very likely
Under four kilometres to CBD