Developers, Builders and Investors, nows the time to act on this very rare piece of real estate located in The Pines Estate in Miles. This 3793sqm parcel of land has been covenanted by the developer for multi-unit dwellings, the current town plan allows for 12 units.
The property is situated within the Residential Zone of the town plan and your application would be code accessible.
The Real Estate Institute of Queensland analysed Australian Bureau of Statistics figures, and said Miles had the highest rental yields in Queensland over the last 12 months, at 9.3%.
Most of Stage 1 has sold out and stage 2 is expected to be completed in early 2014. With Miles experiencing close to Nil Vacancy rates, now is the time to act. The price includes GST.
For further information on this PRIME real estate opportunity be sure to contact Warren Barker today on 0429 893 099.