House with the Potential for Subdivision 3km from CBD
Property ID: 15462365
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.
Similar Approved subdivisions on the street.
Projected Value of Existing House post subdivision : $240K-$250K
Projected Value of Rear Battle Axe Lot: $120K-$140K
The existing house comprises of 3 bedrooms, 1 bathroom.
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, a High School, 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 Yujin Yeoh on 0479 191 815 for further details and to secure this investment opportunity.
* Subject to Council Approval.