This prime 911m2 of LMR zoned land, with two by two bedroom and two by one bedroom flats on it, is perfectly positioned in one of Brisbane’s blue chip suburbs.
The flats would provide an excellent holding income while you await development approval to either start again and take advantage of this sites premium location or use the extra GFA available to build more.
Within walking distance of Taringa train station, this property also offers direct and easy access to Coronation Drive, Brisbane CBD and Sir Fred Schonell Drive as well as the University of QLD. Close to two major shopping precincts, this property really does scream location, location, location!
With all tenants on periodic leases, you could immediately add value to the property and increase rents or maximise your holding income by renting it to students.
Whichever way you look at it, and whatever investment option you take, this is one opportunity you will not want to miss out on. Purchase now.
911m2 of LMR land
Periodic tenancies
Close to train
Walk to QLD Uni