374 Richmond Road

Cannon Hill QLD 4170

600 m²

House

Currently for sale - view listing

Overview

"Develop Now or Landbank for Future in Cannon Hill Neighborhood!"

374 Richmond Road, Cannon Hill Premium Corner Site for Investors, Developers & Strategic Land-bankers Positioned on a prominent 600m² corner block with dual frontage to Richmond Road and Favril Street, this corner block Cannon Hill property presents a rare opportunity for those looking to rent, develop, or landbank in a high-growth inner-east location. Offering excellent holding income and strong future development prospects (STCA), this site is perfectly suited to investors and developers seeking value and long-term upside. We have clear instructions from our client: THIS PROPERTY MUST BE SOLD! Calling Investors, first home buyers, large families and renovators! This is a big house with huge potential. If great value for money and location are important to you then look no further than this canvas for creativity. Development Potential (STCA) Option 1 - The wide corner frontage, good size block, and dual-street access make this property an outstanding development prospect. Opportunities include: New single premium dwelling Dual-occupancy or multi-dwelling possibilities (STCA) Strategic landbank with strong future subdivision or redevelopment potential Blocks of this size and position are tightly held and rarely become available. Option 2 Knock Down & Build Two New Homes (STCA) or Renovation Project Developers can take advantage of the block's shape, topography, and corner position to create two modern homes ideal for resale or high-yield rental properties. High-Demand Lifestyle Location Directly opposite Seven Hills Bushland Reserve, this location attracts consistent interest from future buyers and tenants. Everything is moments away: Cannon Hill Plaza Morningside & Cannon Hill Train Stations Local cafés and dining Westfield Carindale Camp Hill Marketplace Minnippi Golf Course Martha Street dining precinct Oxford Street, Bulimba Just 9.9 km to Brisbane CBD, this position ensures long-term growth and strong ongoing demand. Strong Future Buyer & Tenant Appeal Located within the Cannon Hill State School and Balmoral State High School catchments, and close to CHAC, Lourdes Hill College and Saint Oliver Plunkett further enhancing future desirability. A Rare, High-Value Opportunity with versatile development options, excellent rental prospects, and major lifestyle drawcards, this property is a smart acquisition for any serious investor or developer. Contact us today to secure this exceptional inner-east opportunity. Disclaimer: Equity Maxx Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.