This 1,963sqm lot in the heart of Sunnybank could be the site of your family’s dream home or the future location of an exciting new residential development.
With development approval (DA) secured, the new owners can demolish the existing home and either sub-divide the block into four lots (ranging from 401sqm to 600sqm) or utilise the vast space to build a spacious new residence.
The block currently accommodates a large five bedroom, two bathroom lowset brick home as well as a fully self-contained/totally independent granny flat and a tennis court.
Combined, the existing two properties are currently attracting an extremely healthy rental return of $710 ($450 + $260) a week.
Positioned just behind Mains Road, the block is central to every amenity. Altandi train station and the city express bus are both within easy walking distance, plus there’s a range of schools nearby and you’re halfway between 4 major shopping centres for a smorgasbord of retail and entertainment options.
Features:
- Development approval of 4 blocks already secured
- Or A large block to mastermind your dream home
- 2 existing properties; a 5 bedroom brick lowset + granny flat
- Main home has 2 bathrooms, lounge, dining, kitchen & laundry
- Separate granny flat has bedroom, kitchen, bathroom & living area
- Tennis court in front of primary residence
- Existing properties attracting healthy rental return, as is.
Opportunities like this don’t come round often. Whether you’ve been looking for a manageable prime development location or just trying to find the space you need to build the home of your dreams or simply a great investment property with handsome income and development potential later on – here it is!
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