104 Ellen Street, Oxley, Qld 4075

ONLINE AUCTION
5:00pm Wednesday 3rd July 2024
Go To: https://raywhitesherwood.com.au/watch-our-auctions-live

Boasting outstanding development potential, this premier site features DA Approval for 5 townhouses on a spectacular 809sqm.

Residing in a remarkable pocket of Oxley and currently occupied by a spacious 5-bedroom, 2-bathroom family home, the scope of works allows you to retain the existing house and construct 4 new stunning residences.

With a DA in place and most consultants' work finalised, the property is ready to submit for a BA and start work immediately, saving you time and money.

Renting for $750.00 per week until 6 August 2024, the current residence provides excellent income while undergoing the final planning process. Neatly presented, exceptionally liveable and rich in character charm, the house can be utilised as is or converted into a dual-living rental.

Property Overview:
• Premier development site with DA Approval for 5 townhouses
• Engineering plans and Documents for BA
• 809sqm block ripe and ready for transformation
• Approval to keep the current house and add 4 new properties
• Existing spacious 5-bedroom, 2-bathroom, 2-car garage home
• Current house is rented for $750 pw until August 6th
• Scope to convert the home into a dual-living

In one of the best locations in Oxley, this property provides outstanding lifestyle convenience. With the Oxley station and shopping precinct only 250m away, Woolworths, cafes, restaurants, shops and gyms are within easy walking distance, and residents can enjoy quick commutes to the CBD. Parks, playgrounds, sporting clubs, Oxley Golf Range and Corinda Golf Course are all just a short walk away, and families are less than 2.1km from
childcare, Corinda State School, Corinda High School and St Aidan's Girls' School.

In a perfect position with all the planning and hard work done - don't let this development opportunity pass you by.

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