Situated on the boarder of Enoggera and Ashgrove a rarely available opportunity exists to acquire two post war homes on a substantial total land holding of 1,184m2 and thirty metres of frontage. Ideal for future development or a land banking option, the property currently returns $60,000 per annum.
The land can be easily subdivided into three residential allotments, each with a 10 metre frontage to Wardell Street (S.T.C.A), and is ideally suited to the construction of new family homes in a tightly held residential pocket.
The property is positioned just 6km North-West of the city, and conveniently accessible to some of the best education facilities, sporting clubs and parklands and minutes to Ashgrove or Newmarket shopping centres. Local schools include Oakleigh State School, Marist College Ashgrove, Mt St Michael's College, Mater Dei Primary School and St Finbarr's Primary School.
Browns Dip Road also gives great access to Kelvin Grove Road via Banks Street with short drive to the ICB, Clem 7, Legacy Way, Airport Link tunnel networks and Wardell Street. There is a bus route at the end of the street and Enoggera Train Station is positioned just 1.5km away, making your commute easier than ever before.
Features:
- Post war home on 592m2 currently leased to a business
- Wide 15 metre frontage
- Double lock up colour bond shed with additional storage
Rental Income
- Returning $60,000 per annum / $5000 per month
For further details please contact Matthew Jabs 0422 294 272 or Ross Armstrong on 0409 299 653.
Disclaimer:
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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