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Explore the boundless opportunities this property has to offer. Situated on a relatively flat 610m block in a DC1 district zone providing a range of different development options.
The block is positioned in the town centre of Yeronga amongst various established business’s and moments from Yeronga train station, Yeronga Village, Brisbane River, Yeronga State School and 1.4km to Brisbane’s Tennis Centre.
With Yeronga experiencing 32.5% growth in the past 5 years a simple buy and hold could benefit the astute investor with an offering of $350 per week in rent. With a 34 residential unit and commercial multi-story development positioned right next door it opens the door to have the land developed (STCA).
DC1 zoning allows for 4 stories and aims to provide a concentration of district-serving retail, commercial and residential. Other development options include retail, government buildings, bars, hotels, education and rooming accommodation.
The house itself is a character home that yearns for a renovation and extension creating a dream home in the heart of Yeronga village. This property is to be sold via auction, the owners have committed to selling and invite all buyers to inspect the property.
Contact your selling agent Brock Ward to secure your inspection today or to seek further information.
“This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes”
- DC1 zoning
- Development opportunity
- In Central District of Yeronga
- Transport, shops, schools and more
- Strong growth area
- Character home
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