This property is perfect for astute investors and developers looking to secure a rare landbank in a high-growth location. Situated on 822sqm with R4 High Density Residential zoning, this is your chance to capitalise on future development potential (subject to council approval).
Property Features:
- Neat and tidy 2-bedroom home with, combined lounge and dining, 1 bathroom and internal laundry
- Currently leased to a reliable tenant of over 4 years, currently paying $400 per week
Development & Investment Highlights:
- Zoned R4 - High Density Residential
- Permits up to 33m in height
- FSR: 2.56:1
- Huge potential for multi-unit development
- Only 175m to Glenfield Train Station - unbeatable location for future growth
Excellent land banking opportunity: buy smart now, reap the rewards later
Properties like this don't come around often, secure a prime piece of Glenfield with enormous upside potential.