For Sale
CRYING OUT FOR REDEVELOPMENT!
The house has very little merit but the value of the land shines through, providing an obvious opportunity for various projects.
Developers will recognise the relatively flat 607m2 block with 15m frontage and LMR2 zoning as a site earmarked for multiple dwellings.
The street and location provides a quiet residential setting to support a strong resale potential for any new development.
The location is within a convenient walking distance of shopping, busways, bikeways, schools and parks, while still maintaining a lower density suburban feel due to the presence of large blocks and classic Queenslanders in this pocket.
The site has a view of the taller buildings in the CBD to the rear and more importantly a North aspect.
The local Insight:
This former Ekibin pocket represents the margin where the urban build up eases and the Toohey Forest enclave begins. Locals can access Forest walks or stroll down to the nearby Tarragindi Recreation reserve and Baracca Cafe for morning coffee. Yet the freeway and City are quickly accessible.
Price: $1,200,000
If you want to know more about this property contact us on 07 3848 0202.