Call us:
1800 600 890

11 Unit Development Site; $415K

Property ID: 19115935
Purchase Price $415K
Yield up to 11 X 2 Bedroom Townhouses (STCA)
1,029m2 block of land
Zoned Low-Medium Density Residential - Apartment
Projected return 15.97%

Existing house is a knock down
Neighbouring property is on 1,012m2 with easements along 1 side & the back had 10 X 2 bedroom townhouses were constructed there
Brisbane Metro region

THE LOCATION

Bus stop 120m
Railway station 650m
Motorway 1.3km
2 Medium Sized shopping centres within 1km
Coles 500m & 1.1km
Woolworths 650m
Big W 850m
Aldi 900m
IGA 1.2 km
Child care 800m
Primary School 1km
High school 1km


Large businesses that have invested in the area include McDonalds, Zarraffa's, Subway, Red Rooster, Eagle boys, Pizza Hut, Dominos, Pizza Capers, KFC, Noodle Box, Australia Post, NAB, Suncorp, Heritage Bank and Mitre 10.

Current vacancy rates are 1.9%
Prices in the location have started to rise
The town centre nearby is currently being upgraded

For further details call Matthew Barnes on 0430 979 900.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 1029m2

Type: Residential, House

Investment Strategy: Development

Total Return On Costs: 19.11%

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 1029m2

Type: Residential, House

Investment Strategy: Development

Total Return On Costs: 19.11%