17 Brooke Street, Rocklea QLD 4106

Opportunity for Investors - 428SQM & 417SQM ( Subject to council approval)

Discover one of the best value vacant land blocks in Brisbane! Situated in a peaceful residential street and directly access to Ipswich Road , this property is primed for you to design your dream home or investment property.
Certainly! Here's a breakdown of the real estate language used in your description:

Investment Opportunity: This property is attractive for investors due to its potential for high rental income.

• Low Medium Density Zoningl: The phrase "subject to council approval" indicates that any development plans (like building rooming houses or additional homes) need to be approved by the local government, which regulates land use.

• Rooming Houses: These are properties rented out by the room, often catering to tenants who need affordable housing. This can lead to consistent cash flow.

• Rental Income: The projected income range of $180000 to $200,000 indicates the potential annual revenue from renting out the rooming houses, which is a key metric for evaluating the investment's profitability.

Rental Yield: This is a measure of the return on investment from rental income, usually expressed as a percentage of the property's value. A "very good" rental yield means that the property could provide a solid return compared to other investments.

Overall, the property has significant potential for generating income through strategic development, but it's essential to follow the necessary legal procedures to ensure compliance with local regulations.

Convenient Commuting:
Commuting is effortless with a short 5min walk to Rocklea train station, offering a quick 15-minute train ride to the CBD. Alternatively, enjoy a Approx 10-minute drive to the heart of Brisbane offpeak.

Property Features:
1 x 428 SQM & 1x 417 SQM block of land ( Subject to council approval)
15 min Drive to Brisbane CBD
20 min drive to Brisbane Airport
60 min to Noosa Beach
60 min to Gold Coast beaches
5-minute walk to Rocklea train station

Take advantage of this rare opportunity to build on a beautiful, quiet, and leafy street less than 10 km from the Brisbane CBD. This block has tremendous potential to either create your ideal home or enhance your property portfolio.

For more information, contact Rocky at 0423255406

Disclaimer: In preparing this advertisement, we have made every effort to ensure that the information provided is true and accurate. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are encouraged to conduct their own inquiries to verify the information presented in this advertisement.
All information provided regarding the property's development potential and rental income is contingent upon obtaining approval from the local council.