Renovate or Develop: Qld’er on 2 Lots., South Brisbane
This is a rare opportunity to purchase an unrenovated 3/4 bedroom Queenslander on 2 lots totalling 810m².
This type of property offers multiple improvement options that is rarely available in the highly popular 4101 location.
This property has the additional opportunity for the purchaser of an existing Development Approval for 13 units (4×3 bed, 8×2 bed, 1×1 bed) and incorporates the existing Queenslander into the unique development.
Other features of the approved plans include:
Secure undercover carparking for 16 vehicles & 2 visitor carparks,
Storage areas and bicycle parking,
Lift service from the car park.
For the owner-occupier / investor, it offers the opportunity to renovate the existing Queenslander, or shifting the existing dwelling to one allotment and building a new free-standing property on the second allotment.
This amazing location is within an education precinct that includes, West End State School, Brisbane State High School catchment, Somerville House Girls, St Laurence’s Boys College, the South Brisbane Tafe College, bus service to University of Qld, and QUT.
The arts precinct that includes Goma, State Library, Museum and Cultural Centre, Southbank Parklands and the Brisbane City CBD is a short walk from this location.
The Coles Shopping centre, Boundary Street and Melbourne Street coffee and cafés, are only a five- minute walk and the Go Between Cross river bridge is approximately 400 metres away.
The home is leased until January 2018 at $500/week and is certainly a property that should not be missed.
DA Plans available on request. Inspections by private appointment only.
Offers Above $1 700 000.
For more information or to arrange an inspection please call Emanuel Kazonis on 0412 227 367.
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S Drakos Real Estate accepts no responsibility for the use of or reliance upon the information contained within.
The information contained herein should not be solely relied upon for investment decisions, including for the purposes of purchasing of the subject land. S Drakos Real Estate strongly recommends further detailed investigations are conducted prior to making such a decision. Further detailed investigations which might be advisable could necessitate engagement of a land surveyor, civil engineer, architect, quantity surveyor, valuer, and / or others. Further detailed investigations might also call for a meeting with local Council and / or State Agencies.
Property City : South Brisbane