The existing post-war home has been modernised in recent years and enjoys open plan living with modern fixtures and fitting throughout, including air-conditioning to the living room and main bedroom, and an updated kitchen and bathrooms.
Ideal for land banking and holding for future development, the modernized dwelling currently enjoys healthy rental returns, while the desirable central Chermside position will be attractive to future tenants, in the years to come.
Perfect for an apartment or townhouse development project, these LMR zoned properties are in short supply and are becoming very hard to find; this property is perfect, with the potential to develop now or in the future, with future planning to increase the zoning to High Density, allowing increased levels (STCA)
Features include:
-607m2 Flat block with 15m frontage (approx.)
-Under 10km to Brisbane's CBD
-Walk to major Westfield Shopping precinct
-Walk to express city bus
-Flood Free Flat block
-Existing brick & tile post-war home with 3 bedrooms
-Polished floors
-Large, covered patio area at rear
-Holding rental income
-Modern kitchen & Bathroom fit-outs
-Airconditioned to living & master bedroom
-Approx. rental return $650 to $700 per week
Early enquiries are encouraged to avoid disappointment - this opportunity will not last!!
PHONE GRAHAM CARTER OF RAY WHITE FOR VIEWINGS AND FURTHER DETAILS ON 0411 222 666
