A rare find of prime real estate boasting an incredible investment and located just 5 kms from the CBD.
Ideally positioned to take advantage of major infrastructure projects, the Inner Northern Busway and translink tunnels, now under construction nearby.
Maximise the rents and have a solid holding investment or renovate the units and sell individually to profit in this high demand area.
At present the property sits on 809 m2 (32P) block, zoned LMR (RB4), but with the new draft plan in progress could build high rise units.
Refer to this link for further details :-
www.brisbane.qld.gov.au/​​​​​​​​​​​​​​bccwr/​​​​​​​​​​​​​​lib262/​​​​​​​​​​​​​​lutwyche_roa d_draft_neighbourhood_plan.pdf
Features
6 cavity brick flats
4 x 1 bedroom
2 x 2 bedroom
Each with private balconies
Cavity brick construction
Lock up garages
809 m2 LMR (RB4) zoned
Walk to shops / Trains, etc
Present income $75,920 per year
Call John Savoca 0412 673 352
