ATTENTION DEVELOPERS

Great opportunity in an area in full expansion for development!

This great land, flat, is very easy and cost effective for subdivision into 403m2 blocks, similar presently for sale in the area for $349,000 each.

Of course, the Brisbane Council has already zoned next door for small parcels of lands, and this one is next to go.

Here is the potential:

35,500 m2 (3.55 Ha) of perfectly flat land, remove 20% for roads and access, that brings the total size for subdivision to 28,400 m2.

Now in 28,400m2 of useable land, you can obtain 71 blocks of 400m2 each. At a present market price of $345,000 this brings you to a total turnover of $24,495,000 including GST, or 22,268,181+GST.

This is a beautiful and a straight forward project, of course with the approval of Brisbane city Council. For your information, the phone antenna on this block will be removed by Telstra around end of 2021, that will make it more convenient for residential blocks.

For inspection, please do not hesitate to call us.

Please note: While all reasonable care has been taken in producing this information, I do not warrant the accuracy, completeness or currency of this information and I accepts no responsibility for, or in connection with, any loss of damage suffered as a result of any inaccuracies, errors or omissions, or your reliance on this information.