16 Troubridge Street, Mount Gravatt East, QLD, 4122

SoldApr 22, 2024

16 Troubridge Street, Mount Gravatt East, QLD, 4122

$1,160,000

637 m²

House

•

30+ days on the market

Sold: Apr 22, 2024

What's around 16 Troubridge Street

Perfect 637sqm canvas of possibilities with LMR Zoning and 15.8m Frontage

Introducing to you a fantastic investment or development opportunity. Sitting on a generous 637m2 block with an impressive 15.8m frontage, this property is a canvas of possibilities for development or as a lucrative land bank and investment. With potential subject to council approval (STCA) for a splitter block, townhouse development, or apartments, the options are vast. The property features: - Zoned LMR - 15.8m Frontage - 637m2 - 3 Bedrooms / 1 Bath / 1 Car - Terracotta Tiled Roof - Polished Wood Floors - Modern Kitchen & Bathroom - Large Open Plan Living Currently tenanted with long term excellent occupants, (Lease Expires April 2024 & Tenant would love to continue living at the property ) This property offers a steady income stream while you explore its development potential. A standout feature of this property is its clean site with no encumbrances or easements, ensuring a smooth and hassle-free transaction. The absence of flooding or overland flow issues adds an extra layer of security, making it an ideal investment. Nestled on a quiet tree-lined street, 16 Troubridge Street enjoys a serene environment with a mix of high-end renovations and new builds, enhancing its appeal. Zoned LMR (Low-Medium Density Residential), the property is a goldmine for development, allowing for a boutique apartment complex, townhouse development, or the creation of two lots (STCA). This property meets all the criteria for an exceptional investment opportunity. Whether you're seeking a development site or a long-term investment with future development potential, 16 Troubridge Street has it all. Seize this rare opportunity to secure a property with outstanding potential. Don't miss out on making 16 Troubridge Street your next savvy investment.

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Seller's review

over 2 years ago

Verified Review

Excellent service from a very professional property consultant

Pathrina is one of the most professional property consultant I have ever dealt with. She has a great market insight and we knew that she would be the agent we can trust and the one who could help us with our property transactions. We will definitely seek Pathrina's service in all our future dealings with the Real Estate market. We highly recommend Pathrina to every person, family or organisation e who is about to buy or sell properties. Thanks Pathrina; we really appreciate your professionalism and your great deal of intigrity.

Matt

Seller