A rare opportunity to secure a large LMR zoned property with outstanding development potential in one of Brisbane's most sought-after neighbourhoods.
Take advantage of the newly adopted changes for LMR properties under the “More Homes Sooner” scheme to maximize your development returns. Potential future uses include large prestige homesite, subdivision, units or townhouses STCA.
The current post war two-bedroom home has been exceptionally well maintained and offers buyers a solid holding income whilst they land bank or apply for redevelopment on the site. The house is not shown in the 1946 Aerial and can be removed STCA.
Morningside is perfectly positioned for the ultimate lifestyle opportunity. The property is walking distance to the Wynnum Road Shopping precinct and a short drive to the famous 'Oxford Street' with popular cafes and restaurants, boutiques, parklands, groceries, hotel and cinema.
Large LMR holdings like this in blue-chip areas are increasingly difficulty to source and this is fantastic opportunity to secure an easy, medium sized site with exceptional potential.
What we love about this property:
* LMR Zoning
* Wide 21.5m frontage
* Flat block
* Blue chip suburb
* Sewer & Stormwater on the block
Proximity to Key Amenities:
* Bus stop 50m
* City park 50m
* Wynnum Road shopping precinct 400m
* Balmoral state high school 500m
* Morningside Train station 800m
* Oxford Street 1.7k
Disclaimer:
*Important* Whilst every care is taken in the preparation of the information contained in this marketing, RE/MAX Experience will not be held liable for the errors in typing or information. All information is considered correct at the time of publishing.
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