Here is a great opportunity for an investor with a vision for the future. It is simple arithmetic, an unbelievable bargain priced at the rate of less than $215,000 an acre. In the area within one km you can not buy a house lot of 600 m2 land for this price. The Brisbane city council is in the process of rezoning this area and it isplannedto have low and mediumdensityhousing in this part of Ritchie rd
This property with a small house is currently rented for $2600/ a month for a business.
Only thing you have to do is to invest and wait for the right time to come for the change of zoning.
Already a big developer has purchased land in the area and is awaiting sub division.
This big parcel of land is situated within minutes drive to Forest Lake Shopping Centre, schools, medical centres and all other amenities.
A bargain for the right investor!