This post-war home sits on a substantial 903 sqm lot, which has recently been granted development approval to be split into two separate lots. One 414 sqm, and the other 487 sqm. This offers you the flexibility to maximize the property's potential, whether you choose to develop, invest, or build your dream homes. Potential Options for the New Owner: 1. Build two brand-new homes, maximizing your investment potential and capitalizing on the strong Brisbane market. 2. Sell one parcel of land and construct your dream family home on the remaining lot. 3. Remove the existing house and create a single, spacious family home tailored to your specifications. 4. Take advantage of the existing home's character and charm by renovating and extending it to suit your family's needs. 5. Land bank the site and continue collecting rent, making it a smart investment for the future. DA approval is available upon request, along with detailed architectural plans from Flourish Architects. These plans outline the development of two 6-bedroom, 3-bathroom houses, meticulously assessed against the relevant planning and building codes. The property also boasts a range of fresh renovations for those looking to occupy. The exterior has been newly painted, enhancing curb appeal. New gutters have been installed for improved water management and a clean look. Inside, the bedrooms feature plush new carpeting, adding both comfort and a modern touch. This property is currently tenanted, generating a rental income of $690 per week. For any further questions regarding the property, please do not hesitate to contact us at any time. Disclaimer: We have made every effort to ensure the accuracy of the information provided in this advertisement. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own inquiries to verify the details contained herein.
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