FEATURE: Adjoins 2 Milford street which is also for sale!

Your cash cow for now and your golden goose in just a few short years! Location, location, sums this home up perfectly. Sitting well above the flood lines this 809sqm block with 20.3meters street frontage is within the CBD precinct. This block also adjoins 2 Milford st which is also for sale. Owning both gives you two street frontages; which really opens up your development opportunities. This is a rare opportunity – Land bank now!

Great tenants in place paying $260/week till October 8th 2011. Since the January floods the amount of developable high density CBD land has condensed making this an opportunity not to be missed.
The massive art stucco home has soaring high ceilings with elaborate cornices and beautiful original timber doors. At the front of the home is a gorgeous sunroom which has fantastic views over the city night lights. Central to the home and just off the kitchen is the dining/ lounge room and a further three massive bedrooms come off the main hallway create oodles of space.

The 809sqm block is gently sloping up from the road and shares 6.7m of common boundary with 2 Milford street which is also for sale. These two properties are to be sold as a pair or they can be sold separately.

Together these properties offer two street frontages and the option of building approximately 35 units including recreational space and parking. Currently zoned for up to 5 levels in one of the best residential streets in Ipswich, walking distance to the famous Queen and Limestone CBD parklands, CBD, train, primary and state schools (private and state), bus, cafes and shops.

This is a rare opportunity to obtain 1,348sqm of prime real estate in the CBD.

Email Keith for a detailed Information Memorandum.

A copy of the Sustainability Declaration is available upon request.