1 Explorer Street, Toowong QLD 4066

The Sellers have made the decision - now it's up to you. There is enormous potential waiting for you to purchase this highly sought after property with a number of options.

The Location:
- Cnr of Explorer and Ascog Sts, Toowong and less than 5ks to the CBD
- A short walk to the Toowong Village Shopping Centre and minutes away from Indooroopilly Westfield shopping
- Enjoy an array of alfresco eateries
- Public transport including bus and train or a short walk to the City Cat Ferry
- Take a leisurely bike ride along the river to the City
- Close to Queensland University - Excellent private and public schools - Wesley Private hospital

The Property Offer You:
- A well maintained small block of 4 timber units
- 642m2 of Prime Inner City land - corner position with a wide frontage on both sides on 2 land lots
- Purpose-built in the 1950's
- Comprising 4 units - each with 2 bedrooms, 1 bathroom, open plan living, polished hardwood timber floors each with carport

Options:
- Ideal for the investor for their Super Fund
- Redevelopment potential subject to Council approval for 3 Townhouses - option to split 2 housing blocks
- Hold and land bank for capital growth

The opportunity is here for you to purchase

Returning approx: $64,000 per annum
Land size: 642m2
Rates: $1,443.98 per 1/4