48 Milanion Crescent, Carindale, Qld 4152

Savvy investors and emerging real estate developers should act quickly to secure access to this very rare and massive land opportunity. This large 1,143 sqm block is located in a very convenient residential location in the true heart of popular Carindale.
On a quiet street, this large lot currently houses a functional four bedroom home. This home has been earning a reasonable annual income for the seller through rent. The quiet location is surrounded by natural hedgerows at the rear of the boundary, with neighbors on both sides of the property to the rear.

The land has DA approved to be subdivided. This means that the land brings for more arrangements as well as options for the residence. 

1. If you want to choose the right location and enough space for building one your brand new luxury home, then this large lot is the perfect place for you to design and rebuild a modern retreat and take advantage of the convenience and long-term value of the area's homes. 

2. Alternatively, you can demolish the existing house and do the development in two lots, selling the general land of which has sufficient commercial value. TWO blocks of land subdivision with development approval giving new owners the chance to build a house to live in, and one to rent out or sell off, or host extended family.

3. The new owner can move right into this large house with a renovation, transforming these solid bones into a magnificent character home that suits your family's needs. Or rent it out for income as land bank investment with the 1143SQM land.

Nestled in the leafy streets of Carindale, residents are only metres from the hiking trails of Belmont Hills Reserve and a short stroll to beautiful parkland, playgrounds and bike paths. Just 600m from Belmont State School and childcare, families are also in close proximity to popular private schools. 

Well serviced by buses and offering quick access to the Gateway Motorway, travel is made easy. Only 2km from Westfield Carindale and 22 minutes to the CBD – this home offers exceptional convenience.

*Disclaimer: All new house photos are indicated the future building options.