Be quick to secure this quality 809m2 LMR site positioned in a quiet little pocket of Toowong.

The three bedroom house has had some TLC recently and presents well for a holding income while you await development approval. The property has had a rental appraisal of $520 per week and in the current rental market you will have no shortage of tenants for the property.

Alternatively, you could make this humble dwelling your home and live there while you develop at the rear of the lot or remove the house entirely and develop the whole site with townhouses or units.

The house has demolition approval and the rear of the lot is cleared so there is nothing to stop you from sinking your teeth into this project.

Call Coronis Realty now to arrange an inspection on this property.

809m2 lot
50% GFA potential
LMR zoning
Two lots
High growth area
Walk to train