SoldDec 20, 2017

15 Armando St, Alexandra Hills, QLD, 4161

$500,000

3
2
5

House

30+ days on the market

Sold: Dec 20, 2017

What's around 15 Armando St

Buy - Hold - Prime Development Opportunity

Great Investment Opportunity - 961 sqm Medium Density Zoned - - over 20m frontage - Ideal SPLITTER BLOCK A unique opportunity presents itself, 961 sqm Medium Density block sits within the heart of the ever-evolving region of Redland City. This site has great future development potential, allowing for many different configurations, making this a rare find - So you can get in now and beat the developers - BUY | HOLD | DEVELOP when the time suits you. This full brick low-set family home will offer an attractive rental income plus the location and zoning will offer a great capital gains in the short and long term. - 961 m2 land area - level with over 20m frontage - 3 bed 2 bath full brick home - lovely home - Detached double garage (power/water) - Single Carport - Walk to shopping centre, TAFE, schools, public transport - Only 28 minutes to Brisbane CBD - Close To Railway Station Development Options may Include: (STCA). - Reconfigure one into 2 lots - STCA - Reconfigure one into 2 lots - STCA - Build up to 4 x 3 beds 2 bath 1 car townhouses - STCA - Build Over 55's Villa Complex - STCA - Dual Occupancy Site - STCA Perfect to live in now or to rent out and redevelop or subdivide later With an anticipated yearly income of $21,000 we expect to be SWAMPED by 'mum & dad' investors and property speculators BE QUICK TO BEAT THE DEVELOPERS

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