An exceedingly rare opportunity to purchase a property in blue chip St Lucia with development approval already in place, this extremely solid investment option will tick just about every box!
76 Highland Terrace, St Lucia is a 5 bedroom, 3 bathroom Stucco brick home that is currently set up as three individual flats that returns a solid $61,880 per annum. The current owners have recently secured full development application approval through Brisbane City Council to have the 711sqm lot subdivided into two individual lots - proposed Lot 1 356sqm & proposed Lot 2 355sqm.
Whether you're a developer, property investor or someone just looking to land bank for the future in such a high demand area, you need to put this at the top of your inspection list. The following information can be made available upon request -
- BCC - Decision notice
- BCC - DA conditions
- Full set of final subdivision plans
- Current tenancy schedule
In one of Brisbane's most coveted school catchments within the area's 'Golden Triangle',
