POTENTIAL PLUS - CORNER BLOCK - GREAT LOCAITON

ZONED MEDIUM DENSITY RESIDENTIAL - INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL<br/><br/>Ideally located just moments from Booval fair shopping centre, rail and more this property makes for an excellent investment or development opportunity. The home is situated on a 506m2 corner block Zoned for medium density residential (RM01) which under the planning scheme allows for 1 dwelling every 133m2 (approx.) and builds up to 3 Storys. The zoning opens up a wide range of possibilities, including adding a granny flat / second dwelling, or removing the current dwelling to create space for a duplex or triplex, helping you maximise your return on investment (all STCA).<br/><br/>For those looking to invest in the short term and take advantage of the development potential in the future, the current home is equipped with 3 bedrooms, 1 bathroom and is currently rented for $300 per week with the tenants on lease until 23/11/22. <br/><br/>Features at a Glance: <br/>- 506m2 Corner block. <br/>- Zoned RM01 - residential medium density - allows for 75 dwellings per Hectare (1 per 133m2) and up to 3 Storys<br/>- Potential to remove the existing dwelling or to add a second dwelling / granny flat STCA to help maximise your return on investment. <br/>- Double brick construction circa 1960.<br/>- 3 bedrooms, 1 bathroom and a single carport.<br/>- Timber Floors.<br/>- Eat-in kitchen. <br/>- Tidy bathroom with shower over bath <br/>- Currently tenanted for $300 per week until 23/11/22.<br/><br/>Benefits of this fantastic location include: <br/>- Less than 200m to Booval Fair shopping centre (Woolworths, Big W and more retail)<br/>- Less than 1km to Booval train station. <br/>- Less than 1km to Cameron park, and other retail including Aldi, restaurants, pharmacy and doctors offices.<br/>- Convenient access to Brisbane Rd, helping link you to both the Ipswich and Brisbane CBD<br/>- Less than 2km to great local schools including Sacred heart, Silkston State School and Ipswich Girls & Junior Grammar. <br/><br/>Call today for more information on the fantastic opportunity!<br/><br/>(Please note - STCA = Subject to Council Approval - All distances are approximate). <br/><br/>