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"Private Inspection By Appointment" - Please Call Tim Heffernan now to arrange a private inspection.
FULL TOWN PLANNERS ADVICE REPORT AVAILABLE - Email Tim now to request further information and get a copy of the report.
This is the perfect opportunity for you to secure land in the popular and convenient Mount Gravatt East Suburban Living Area Precinct with holding income of $1,240 pw. This is a fantastic immediate and long-term land banking Medium Density Residential (MDR) investment and development opportunity. 2020 has seen Brisbane Property Market Surge again and it is an excellent time to secure a high-quality development site.
Approximately 30m frontage x 44m Deep (1320m2) in a street that has been mostly developed, means very little competition for your project. Together with MDR zoning and the neighbourhood plan, the site can be developed for higher density residential uses including multiple dwellings, rooming accommodation, retirement facility, short-term accommodation and residential care facility.
Research suggests that larger units with more parking spaces are selling very well for substantially higher prices than standard investment grade 2-bedroom apartments. This site has the space for up to 35 parking spaces which lends itself very well to this larger apartment target market and better profit margins.
Prime location in the beautiful, leafy Mount Gravatt East, perfectly situated only minutes away from Griffith University, Westfield Garden City, quality private and public schools. CBD direct public transport or short 15min commute to downtown Brisbane. Just a short 200m walk to Coles & Woolworths shopping centre, and Mount Gravatt Café's, Restaurants and Social Precinct.
You get Great Views to Mount Gravatt Nature Reserve and to Brisbane CBD. This is a very high location with great views over the whole neighbourhood.
The site is NOT subject to flooding, there are no easements encumbering the site. The current houses and vegetation are not protected and can be removed within the scope of a normal building permit issued by a private certifier.
Area Features:
· Short 400m Walk to Shops, Café's and Restaurants
· 200m Walk to Supermarket - Coles and Woolworths Mall
· Short Drive or Bus to Griffith University campuses
· Eight-minute drive to primary school
· Three-minute Drive to high school
· Short drive to Westfield Garden City
· 200m walk to bus stop
· Selection of Quality Private & Public Schools
· 11Km to Brisbane CBD (15 min Commute)
Call, Text or Email Tim Heffernan now to get your copy of the Town Planners Advice Report and Secure this property for your future.
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