A rare opportunity exists here for astute developers or investors, with this medium sized development site. Situated in an elevated, flood-free position in a super convenient location, the property lends itself to an attractive proposition for those in the market for their next real estate project. Alternatively, investors could land bank and continue leasing the property out, while planning for future development.
Perfectly located a short walk from Westfield's Shopping and Entertaining precinct, and the popular Kedron Wavell service club, Hospitals, transport and all that Chermside has to offer, this solid built Postwar home is ideal for the land-banking investor, as currently leased, at $500 per week to July 2025.
Features include.
-High Density Zoning -Up to 10 Storeys (STCA)
-Elevated 668m2 flood free block
-Under 10km to the Brisbane CBD
-Walk to major Westfield shopping precinct less than 500m
-Walk to express city bus and transit Centre
-Solid hardwood frame, weather board and steel roof
-Hardwood floors under, ideal for Polishing
-Large Original style Kitchen in good condition
-Postwar property built in the late 1940s to early 1950s
-Holding rental income for land banking and future development
-Currently least at $500 per week to July 2025
For more information call Graham Carter on 0411 222 666
