For forty five years this has been home. The same owners, the same front gate, four and a half decades of birthdays, backyard cricket and Sunday afternoons under the carport. It has been their pride and joy and they have cared for it accordingly. Now the time has come to hand it on and enjoy the next chapter in an over 50s resort, and what they leave behind is one of the most genuine development opportunities to come out of Marsden in a long time.
Because this is not just a house on a block. This is 1,518m2 with frontage to two separate streets, Browns Plains Road at the front and Therese Street at the rear. Two street frontage is the difference between a good site and a great one. It opens up access, it opens up design, and it opens up what you can realistically achieve here. Zoned Low Density Residential, with the potential for three lots subject to council approval.
The existing home is a three bedroom, one bathroom lowset timber home with a shed and a carport built for the caravan. Hold it, rent it, and let it pay its way at around $650 to $700 per week while you work through your plans and approvals. There is no DA in place, which means no premium built into the price and no one else's vision to inherit. The direction is yours to set.
Key details:
• 1,518m2 allotment
• Dual street frontage to Browns Plains Road and Therese Street
• Zoned Low Density Residential
• Potential for three lots, subject to council approval
• Three bedroom, one bathroom lowset timber home
• Large shed, ideal as a workshop or storage
• Carport designed for the caravan
• Generous off street parking
• Holding income of approximately $650 to $700 per week
• No DA in place, buyer sets the direction
Location:
• 600m, around a 2 minute drive, to Marsden State School
• 1.5km, around a 3 minute drive, to Marsden State High School
• Bus stop only 200m away, around a 1 minute walk
• Great local shops and cafes close by
Sites like this, with the size, the zoning and two street frontages, do not come up often and they do not come up twice. Whether you are a developer looking for your next project, a builder wanting to create something for your own family plus two, or an investor who can see where Marsden is heading, this is your moment to move. All buyers should make their own enquiries with Logan City Council.
The owners are committed to the auction and this property will be sold. To arrange your inspection, request the contract, or discuss the site further, contact Chris Liu on 0432 003 397.
AUCTION: On site, Saturday 19th September at 12:00pm
TERMS: $90,000 deposit, 45 day settlement
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