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SOLID RENTAL INCOME… FUTURE DEVELOPMENT POTENTIAL
- 4 Beds
- 2 Baths
- 2 Cars
The owners instructions are clear, Sell !!! Perfectly positioned on a gently sloping large land holding of 647m2 block with development potential. This quality site offers potential to renovate the existing flats or redevelop into townhouses or apartments STCA (Subject To Council Approval).
It is easy to appreciate this property-
- 647m2 block with so much potential
- Each Flat offers 2 bedrooms plus 1 bathroom and car accommodation
- Rental returns at $637 per week for both flats
- 3m approximate fall from front to rear
- Good building site in high growth corridor of Morningside
- No flooding or overland flow paths noted
- Proven sales for new townhouses & apartments in the suburb
- Short walk to cafes, trains and parklands
- Perfect for a super fund project or boutique developer
The future development will feel totally connected with a direct link to the city, a short stroll to trains, redefining easy commuting. Whether you are homeward bound or heading to the CBD, everything is so close including the Airport, Minnippi Golf Course(Soon to be complete) and an array of shops and restaurants are all just minutes away.
- Close To Schools
- Close To Transport
647m² / 0.16 acres
2 carport spaces
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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