If you are a developer or been toying with doing a bigger project, then don’t miss the opportunity to buy this house in a convenient location close to the waterfront. Positioned on a generous 607m2 block with just over a 15m2 frontage and in a: HDR1- High density residential land area.
This terrific investment opportunity is situated on Bride Street, just down from the new seven-cinema complex, which will start building shortly. The home currently achieves a modest rent and allows a developer or investment buyer a tax deduction advantage until they are ready for a development construction subject to council approvals.
You have 3 choices:
1) Keep the house with a rent return.
2) Build two townhouses at the back of the property subject to council approvals.
3) Take the house away and build 5 townhouses subject to council approvals.
Just minutes to the waterfront, schools, shops and transport. Easy access to the airport, Brisbane CBD and the Sunshine Coast.
THANKS FOR LOOKING AND HAVE A GREAT DAY.
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P: (07) 3396 1191
M: 0448 881 997