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And you thought excellent potential development stock is in short supply? Well, here is a once in a generation opportunity to snap up a great potential site with fabulous city views!
The position is perfect, just over 5 kilometres from the CBD, and offers excellent transport infrastructure, including city train and express buses. Major shopping and several dining alternatives are in walking distance, and hospital, universities, excellent schools, Olympic pool, gyms, parkland etc. are all within easy access.
The large, original Queenslander home straddles the massive 1012m² block. It is in excellent condition to rent out as is, and should achieve $520 per week but with some minor improvements could achieve approximately $620 per week.
Subject to Brisbane City Council approval, the site would be perfect for luxury townhouses or apartments or subdivide and build your dream home next door - whatever you decide, you can't go wrong with this one!
The Estate has instructed that 6 Lorne Street will be sold under the hammer on auction day, so don't delay - get yourself ready to bid now! Call Andrew Cowan on 0430 344 118.
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