3 Treeby Street

Tingalpa QLD 4173

612 m²

Block of units

Currently for sale - view listing

Overview

LMR2 Zoning – 612sqm - 3 Units – No Body Corporate | Development Potential

Positioned within Brisbane City Council's Low-Medium Density Residential (LMR2) zone, this tightly held 612sqm site presents a compelling opportunity for developers and investors seeking a strategically positioned residential holding with future development potential. Currently comprising 3 income-producing units on one title with no body corporate, this solid property offers the ability to generate holding income while future development options are investigated, subject to Council approval and relevant planning requirements. The 3 units are separately configured and offer functional, low-maintenance accommodation comprising: Unit 1 • 2 bedrooms, 1 bathroom • Functional kitchen and dining • Separate lounge • Single car garage bay Unit 2 • 1 bedroom, 1 bathroom • Functional kitchen and dining • Separate lounge • Single car garage bay Unit 3 – refurbished throughout • 1 bedroom, 1 bathroom • Open plan lounge and dining with reverse-cycle air-conditioning • Kitchen with timber look laminate flooring • Venetian blinds and updated carpets • Single car garage bay Communal laundry facilities located downstairs to service all units, plus extra under house storage or build in for an studio unit. Strategic Location Tingalpa is well established and continues to benefit from strong demand, with an extensive range of parks, sporting facilities, shopping and transport infrastructure nearby: • approximately 300m to Tingalpa State School • approximately 300m to Twin Parks Shopping Centre • approximately 400m to Kianawah Park • approximately 500m to public transport on Wynnum Road • approximately 1.2km to Gateway Motorway • approximately 15km to Brisbane CBD A rare opportunity to secure three income-producing units on one title, with no body corporate and a substantial 612sqm landholding in a tightly held and strategically positioned Brisbane suburb. For further information, a Disclosure Statement, Investment Summary or to arrange a private inspection, please contact Siobhan on 0487 901 590 or Roslyn on 0407 853 880.