This is an opportunity that will never been seen again. 10,528m2 of Medium Density Residential property is now available in highly coveted Upper Mount Gravatt. It boasts 75.8m frontage with a depth of 135.3m. The possibilities are endless but a creative approach will ensure a successful project for the developer and investors that get involved. The MDR rating allows for building to up to 5 storys in height with 45% ground cover. A mix a residential and commercial is a possibility with Council Approval. Small commercial businesses such as a coffee shop, small restaurant, fitness facility to name a few could take advantage of the captive audience of owners and tenants in a gated community.
The property is in a great location just off Logan Road providing easy access to Westfield’s Garden City Shopping Centre and less 13 km from Brisbane’s CBD and Southbank. Plenty of buses are located nearby to transport your future apartment owners to the shops or the city. Various schools, state and catholic and Griffiths University are close along with sporting clubs and other small businesses. ANZ Stadium, in Nathan, is also walking distance away. All the amenities that unit owners seek and will pay for are here!
The accompanying photos and video show off the location and point out nearby facilities, schools and transport options.
This massive opportunity consists of the following:
Four separate titles
3 existing homes
Tennis court and swimming pool
Rental income up to $1200 a week is possible while holding the property
30-36 Hertford St is 10,528m2 MDR property
30 Hertford St is 5,165m2 and can be purchased on its own
3 Bedroom home with the swimming pool, tennis court and clubhouse
32-36 Hertford St – 3 properties make up 5,165m2 and can be purchased as a group
2 homes and one vacant lot
Your purchase can include Subject to a DA to provide certainty for your future plans
This fantastic opportunity craves a visionary to create a unique offer to maximise the investment! Express your interest and for additional information please contact Jim Dorash on 0466784 119 or email jim@sandpropertygroup.com.au