Team Warren exclusively presents this superb residential, investment/development opportunity in the heart of Upper Mt Gravatt just a walking distance to Westfield Garden City, surrounded by recent modern unit Developments and Residential homes. The owners' circumstances have changed, and their instructions are to sell this potential packed property.
Developers, Investors and home buyers take note - Located within walking distance of Westfield Garden City Shopping Centre, this is an outstanding 592m2 HDR (High Density Residential) level block in an excellent location, in an area that is renowned for its superb capital growth.
This is a rare opportunity, perfect for living or for land banking as it promises significant future returns. zone.
The existing 3-bedroom brick home has been recently updated with a new bathroom, timber-look flooring, and fresh paint. It boasts a spacious backyard and a single garage.
Rental - The property has a rental appraisal of $650 - $670 per week which helps you with the cashflow while you see your investment grow.
:: WHY SHOULD YOU BUY THIS? ::
Along with the above features the property offers several options for home owners, investors, developers as noted below. There is also full property zoning an asset report created for your information. Please request it while making your enquiries. -
Option 1 - DEVELOPMENT -
This 592m2 block is High Density Residential (HDR) zoned. This presents an amazing development opportunity subject to council approval. Discuss your options with your town planner now.
Option 2 - INVESTMENT FOR CAPITAL GROWTH -
This area has historically seen superb and solid capital growth over the last decade. With the Olympics about to hit Brisbane the property prices in inner city suburbs with easy access, are predicted to rise substantially. The steady rental return in a development zoned area will provide a good cashflow to cover your repayments along with a superb capital growth potential
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Option 3 - RESIDENTIAL - WITH AN ENCLOSED PATIO AS AN HOME OFFICE / TEENAGE RETREAT.
The current floor plan offers flexible living options for any family as noted above that includes flexible use of the multipurpose covered and enclosed patio area.
The location offers outstanding convenience. It's near numerous shops, dining options, the City-bound Gateway Motorway, the Pacific Motorway, the City Busway, parks, and Toohey Forest trails. You can shop and dine at Westfield Garden City, Sunnybank Plaza, Market Square, and Sunny Park Shopping Centres, and enjoy weekends at the scenic Mt Gravatt Lookout café.
For education, Griffith University's Nathan campus and TAFE Queensland's Mount Gravatt campus are nearby. The Queen Elizabeth II Jubilee Hospital (QE2), home maker centres, Nissan Arena, and the Queensland Sport and Athletics Centre (QSAC) are also a short drive away.
The property falls within the Upper Mount Gravatt State Primary School and MacGregor State High School catchment areas. It is also close to St Catherine's Primary School, Clairvaux MacKillop College, and Saint Bernard's Catholic School.
Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with contacts who can provide researched feedback to help you get your next project started.
Don't miss out on this one. Contact Team Warren today for more info or to make an offer.
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Disclaimer - This property is being without a price. The website may have filtered the property into a price bracket for website functionality purposes. All information and contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All info listed above require the buyer's own due diligence.
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