860m² OF PRIME LAND - ZONED MEDIUM DENSITY RESIDENTIAL

This original 3 bedroom post-war home is positioned on the high side of the street, on an almost flat block with no sewer running through. The 860m2 site is zoned medium density residential and is situated in the heart of Chermside, presenting an ideal opportunity for the right buyer to secure and possibly land bank for future development.

The current home is in need of major repair or demolition, depending on the strategy of the new owner. The current zoning allows for a future development of apartments (4 Levels) or townhouses (subject to BCC approval); a highly sought-after opportunity which has been taken advantage of by developers in recent years, with several other surrounding properties. With multiple recently established apartment complexes nearby, the area is undergoing a major rejuvenation and a huge population growth and is a location which should not be overlooked by any astute purchaser.

With an Easterly aspect and desirable site dimensions (Approximately 25m frontage), the design options are endless.

PHONE GRAHAM CARTER OF RAY WHITE CHERMSIDE FOR VIEWINGS AND FURTHER DETAILS ON 0411 222 666.


*This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionally purposes.