Although the property offers many development opportunities (STCA) the existing home, has much to offer, from its extensive family kitchen, and elevated deck, overlooking the resort style inground pool & pool house, as well as a studio with granny flat potential under the main house with its own multiple entry.
The current post war home, with 3 bedrooms on the upper level, could offer a holding income for investors land banking, which would lease for approximately $850 per week.
This prime elevated 668m2 site, zoned High Density, is situated in the northern pocket of Chermside, and is conveniently located just a short walk to transport, hospitals and the popular Westfield Chermside Shopping Centre, only minutes away.
With Chermside being earmarked for an increase in population by approximately double over the next 20 years, this provides of positive outlook for astute developers and investors, now and into future; sites of this size and zoning are becoming harder and harder to acquire, with very limited stock.
- Total land size 668m2 (Approximately)
- 10km to Brisbane CBD (Approximately)
- 15 minutes to Brisbane's domestic & international airports
- Short Walk to Qld's largest Westfield's and major transport hub
- Walk to 2 major hospitals and other emergency services
- Elevated flood free location in a quiet position
- Zoned High Density- 5 Storeys - STCA
- Existing home approx. Rent of $850 per week
PHONE GRAHAM CARTER OF RAY WHITE FOR FURTHER DETAILS ON 0411 222 666.
