ZONING RM02 (Max density 50 dwellings per Hectare)
Combined 2165m2 on two lots (1042m2 and 1123m2), with 2 great houses:
6 and 8 Chuwar Street, Brassall: $598,000 negotiable for the pair:
This truly is a rare opportunity indeed. 2 houses, next to each other on a combined land size of 2165m2, with the added bonus of Residential Medium Density Zoning. Both highset homes are in great condition and currently tenanted, providing a great residual income whilst development applications are proceeded with.
With a combined gross rental return of $555 per week this package this would suit a longer term investor who is keen to build their portfolio.
It is extremely rare to find 2 properties available to purchase next to each other with this kind of development potential.
Both homes are 3 bedrooms, and very neatly presented. Both have double lock up car accommodation. Number 6 has been developed under; number 8 has a double car port at the front.
In Summary:
- 2 great highset houses next door to each other
- 2165m2 of land combined on 2 titles
- RM02 zoning – medium density up to 50 dwellings per hectare.
- Great potential to develop (subject to ICC application and approval)
- Superb location,
- Walk to Brassall shopping centre, schools and local amenities
My vendor’s instructions are clear. These must be sold. At only $598,000 negotiable for the pair, with what these homes have to offer you simply can’t afford to hesitate. For further details and to arrange an inspection please call Neil Frodsham at First National Action Realty Ipswich on 0434 390 009 or 3281 3800.
I’m looking forward to hearing from you.
Sustainability declaration available on request.