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DA approval for a luxury duplex development
This large-sized freestanding home holds vast untapped potential for buyers and developers looking for a great value-add project in a sought-after Stafford location. Set on an extra-wide 761sqm land parcel, this original residence comes complete with DA approved architect plans for a luxury apartment development. It represents a unique prospect with a big future and is ideally located right next to Stafford Shopping Centre and close to all lifestyle amenities.
Approved boutique development site with architect plans available
Complex will feature six 3-bedroom apartments with balconies
Also includes a rooftop terrace with swimming pool and pool deck
Sweeping district views to the city from the top floor apartments
Basement level car park and security lift access to each floor
An elevated block with a wide frontage and a northerly rear aspect
The existing home is currently in comfortable and liveable condition
All approvals in place and demolition is ready to commence
Footsteps to shops and transport, 1km to Stafford City Shopping Centre
Existing Home - Apartment 1 Currently Rented - $320pw
Existing Home - Apartment 2 Rental Appraisal - $270pw
Annual Rates (approximate)
Brisbane City Council Rates - $2903pa
Land Tax - $1506pa
Water - $1535pa
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