Overview

This property is a must-see, featuring a generous 923 square meter block located just 3 kilometers from the Brisbane CBD. The charming home is ready for immediate occupancy and boasts enclosed front and side verandahs, a central hallway, and an arched lounge and dining area. The interior showcases classic VJ walls, high ceilings, and polished pine floors, creating a warm and inviting atmosphere. The kitchen and bathroom, while functional, present an excellent opportunity for modern updates to suit your personal style.

For those looking to renovate or extend, this property serves as a blank canvas with ample space for your creative plans. Additionally, there is potential for a secondary dwelling or granny flat, subject to building approval. A suitable plan is already included in the development approval, making this an attractive option for investors.

Developers will appreciate the DA approval for a new dwelling with up to 8 bedrooms, along with a secondary dwelling featuring 2 bedrooms. This high-yield investment property is projected to generate an estimated income of $250,000 to $300,000 per annum, with potential instant equity of up to $800,000 upon completion of construction.

The property is conveniently located on a 997 square meter block, just 1 kilometer from the Royal Brisbane Hospital and 5 kilometers from the airport, making it an ideal choice for both families and investors alike.

For further inquiries or to request a contract, please reach out to the appropriate contacts.

Disclaimer: While every effort has been made to ensure the accuracy of this advertisement, no liability is accepted for any errors or omissions. Prospective purchasers are urged to conduct their own inquiries and due diligence to verify the information provided.

Location