Investors, developers and owner occupiers take note, here's an increasingly rare opportunity to get your hands on a property which boasts both location and potential. Solid as a rock, this neat low-set 2 bedroom plus sleepout post war home sits on a generally level 607 sqm block and boasts a North/South aspect and a frontage of approximately 15 metres. Zoned Lmr2 Low-Medium Density Residential (2 or 3 Storey Mix) there's great potential to develop units, townhouses or a duplex (STCA) either now or further down the track making this property an attractive land banking proposition. However, the property is not just a block of land with options, it's also a neat home which is more than comfortable enough to live in now and is currently leased to a long term tenant at $410pw. With polished timber floors throughout the home has a practical floor plan and features: • Two (2) spacious bedrooms. • Additional front sunroom. • Large eat in kitchen area. • Separate living room. • Neat, updated bathroom. • Internal laundry area with 2nd toilet. • Plenty of off street parking with side access for a boat or van. Ideally located directly across the road from O'Callaghan Park with its acres of sporting fields and parkland, the property sits approximately 15 klms from the CBD and within walking distance of Zillmere train station, Council bus stops and local shops, whilst the Airport, Westfield Chermside, Aspley Hypermarket and local schools are all within a short drive. Overall, it's a property brimming with potential, update, develop or hold, the options are numerous, but for now simply live in or continue to rent out safe in the knowledge that this type of property in such a handy position will always be sought after.
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