25 Denham St, Annerley QLD 4103

Includes a D.A to Create Four Properties

Located in the heart of Annerley, this is future proof real estate with outstanding potential. The property comes with options to take advantage of the current D.A to build multiple dwellings on the site, live in and enjoy the existing charming colonial or possibly move the house onto one subdivision and build on the other.

Development approval has been granted to build three, two bedroom town houses at the rear and retain the workers cottage on a freehold title at the front (artist impressions of proposed townhouses attached). Being on two lots, with 20 meters street frontage, there may also be an option to reposition the house on one of the lots and build a new home on the second subdivision, creating two separate freehold properties on 405m2 lots in a desirable location (subject to council approval).
The three bedroom colonial home includes a modern and functional kitchen with stainless steel appliances. The bathroom has also recently been updated. Traditional features include polished pine floors, decorative arch, V.J’s and breezeways above the doors. The living area is air conditioned for comfort. An enclosed front veranda could be opened up to once again catch an afternoon breeze and reveal the homes true character. Providing valuable income, the property is currently rented at $480 per week to good tenants. From this location it’s just a few minutes’ walk to the train station, Fairfield gardens shopping centre and the P.A hospital. Make contact today to arrange your inspection before this wonderful opportunity slips by.

At a glance:

* Charming colonial cottage on 810m2 (LMR)
* Modern kitchen & bathroom
* Air conditioned living, dishwasher
* Two separate lots (each 10mx40m approx)
* D.A to build 3 x 2 bed t/houses & retain house on freehold lot
* Possible option to build & create 2 homes on two lots
* Walk to train, shopping centre & P.A hospital
* Currently rented at $480 per week