Under Offer, 8 Negotiated Contracts, 106 Enquiries
MUST BE SOLD - UNCON offers close 5PM 10th JULY
Exclusively presented by Michael Shekell Ray White One Group - this is a rare and exceptional opportunity you don't want to miss.
Only one (1) open home this weekend - all unconditional offers will be considered, prior to 5PM 10 JULY.
Unlock Development Potential with DA + BA Approved Site
Positioned in the heart of Cannon Hill, this superbly located 759m² block offers immediate upside for developers and savvy investors. With Development Approval (DA) and Building Approval (BA) already in place, you can start building right away and capitalise on this premium, medium-density zoned opportunity.
No demolition or character control restrictions and no stormwater issues - the path is clear for your next project.
Key Property Features:
DA + BA Approved: Retain and renovate the existing house + build 2 x tri-level, 3-bedroom luxury townhouses with a large study/multi-purpose room.
Medium Density Zoning (up to 5 storeys) under NPP-003f Cannon Hill Station Sub-Precinct.
Level 759m² block with wide frontage, no flooding issues.
All architectural, engineering plans, and quotes already completed.
Rental appraisal of existing property: $750/week - instant holding income.
Immediate start for construction-ready developers.
Strategic Development Options:
A. Hold for strong capital growth + rental income
B. Build now with existing approvals - the hard work is done
C. Seek new DA to suit your own development strategy
Location Highlights:
Cannon Hill Train Station at the end of the street (200m)
Minutes to Gateway Motorway, CBD (8km), and Brisbane Airport
Adjacent to parklands, and within walking distance to Cannon Hill Shopping Centre, East Village, and local schools and childcare
Strong buyer demand and successful nearby developments
Ideal for serviced apartments, townhouses, or unit projects (STCA)
Additional Support Available:
All documentation is available on request, including architectural drawings, engineering reports, and costings.
Builder Brokers 1800 1 BUILD- 07 3188 3144 - (www.builderbrokers.com.au) have sourced a fixed price building contract ideal for developers.
The team, led by Development Manager Emma Brown (0432 048 360) can provide tailored advice, strategic service planning and streamlined development pathways. We connect you with trusted builders.
Don't Miss This One-Off Opportunity.
This is a Mortgagee in Possession sale.
For Sale by Negotiation.
Contact Michael Shekell today to arrange access to documents, register interest, or make an offer. 0497 855 498
DISCLAIMER: While every effort has been made by the Team Members, and Ray White Aspley and Ray White One Group to ensure the accuracy of this advertisement, they accept no liability for any errors, omissions, inaccuracies, or misstatements contained herein. All pictures, images, facades, specifications, floor plans, and pricing are subject to final contract details and are provided subject to council approval (STCA). Prospective purchasers are urged to conduct their own inquiries and due diligence to verify the information provided. For clarity, no specific personal or corporate financial, legal, or tax advice has been offered or received.
