House on a Huge Block 3km from CBD
Property ID: 15339535
Purchase Price $270K
Land Size 1,052m2
Add value and increase rent through renovation
Create Equity by subdividing the backyard and creating a battle-axe block
Slight slope towards the road.
Projected Value of Existing House post subdivision : $240K-$250K
Projected Value of Rear Battle Axe Lot: $150K-$160K
The existing house has 4 bedrooms all with built ins, functional kitchen and air-conditioned living areas.
Value can be added to the existing house by painting and updating the flooring, kitchen and bathroom.
FACILITIES AND INFRASTRUCTURE NEARBY
There are Bus stops, Train station with direct access to the CBD, Restaurants and Cafe's within walking distance.
Within a 5 minute drive there are several Schools, Banks, Doctors, Pharmacy's, Bunnings, Australia Post and a Cinema.
- 2.5km to the local shopping centre with over 30 stores including Woolworths;
- Less than 5KM to 2 hospitals;
- Less than 7km to the University Campus
- 4km to a train station with direct access to Brisbane city;
- Less than 5km to the CBD;
The population of this region is forecast to more than double in the next 16 years, bringing an additional 75,000 jobs to the area. An additional 120,000 jobs are expected to be created within travelling distance to this location.
These types of properties don't last long so call Matthew Barnes ASAP on 0430 979 900 for further details and to secure this investment opportunity.