DEVELOPERS – INVESTORS – NEIGHBOURS – MUM AND DAD DIY’ERS
STOP WHAT YOU ARE DOING, GET ALONG TO SEE WHAT ALL THE NOISE IS ABOUT. SIDE BY SIDE, 2 X 617m2 MEDIUM DENSITY RESIDENTIAL BLOCKS ARE ON OFFER.
APARTMENTS WITH GFA OF 60% WILL GET YOU UPWARD OF 20 PLUS UNITS OF A DECENT SIZE OR STRETCH THE COUNCIL LIMITS AND MAXIMISE YOUR FLOOR AREA AND PUT AS MUCH IN AS POSSIBLE FOR MAXIMUM RETURN ON INVESTMENT. HUGE 35.8m FRONTAGE AND
MACGREGOR, MOUNT GRAVATT AND SUNNYBANK ARE THE NEW HOTSPOTS THAT OFFER EVERYTHING WITHIN A 2KM RADIUS FROM SCHOOLING TO SPORTING, UNIVERSITY TO BUSINESS VENTURES, ACCESS TO GOLD COAST, MORETON BAY, SUNSHINE COAST.
Located just over 10 kms from Brisbane CBD this high set brick and tile home is the perfect investment for any astute investor looking to complete their property portfolio with something that can add value.
If you are looking to get into the market and land bank on some of the hot golden circle real estate then this is the details for the single block at 24 Gonzales.
Across the front is a 17.9m frontage and 34.8m depth giving you a total of 617sqm of prime development land. The block has a North facing front to capitalise on the aspect when building.
Currently tenanted with a lease to expire in October and can extend should the investor look to retain tenants during the application process. The home is a solid Brick home with double garage and rumpus below to accommodate an extra tenant or student boarder. Internally the house is sound and in good condition for its age, a renovator will have a ball putting in a new kitchen, bathroom and changing the room layout. Increasing the house value while living on a MDR zone block will maintain some good growth for years to come.
As more blocks get developed, more buyers look to purchase and do the same. Beating the rush and securing a block now will have you in the drivers seat as the developers will want your block at any price.
REFER TO BRISBANE CITY COUNCIL WEBSITE FOR MORE INFORMATION ABOUT LAND USE UNDER THE REZONED – MDR LOTS – MIXED USE, BUYER DEVELOPMENT POTENTIAL, GREAT LOCATION.
Key features include:
* 3 Bedroom
* 2 Garage
* 1 Bathroom
* 2 Rumpus Rooms
* 17.9m Frontage
* 617sqm Block
* MDR – Medium Density Residential
* Bus Stops 130, 131, 139, 140, P137, P151
* Griffith University Nathan Campus
* Garden City
* Pacific Motorway
* Upper Mount Gravatt Primary Catchment
* MacGregor State High Catchment
Contact to book your inspection and obtain more information regarding the block.