3 Ellen Street, Woody Point QLD 4019

Jump into this emerging property market, tipped as one of Australia's newest HOT SPOTS! Your opportunity is knocking load and clear, this excellently located property, literally only a hop, skip and jump from the water, is ready and waiting for the very astute purchaser to realise the potential in this market and move forward with a great development prospect. Rarely do these type of properties become available so fast action is required!
The property has an approved DA for 5 x 3 bedroom townhouses which includes spacious living areas and water glimpses also fabulous rooftop entertaining decks capturing stunning views across Moreton Bay.
This development has options and if desired can be done in 2 stages, 1st stage can be developed around the existing dwelling (3 bedroom modern home) then a further 2 townhouses can be built at a later date.
The proposed townhouses boast great features such as:-
Fantastic location 100m to Moreton Bay
Large outdoor areas
All with rooftop decks, bay views, wet kitchen & powder room
Spacious living areas
Double car garaging

This property is also already on two titles. Please contact me for further information. Please note; block measurements are approximate.
The existing well sized 4 bedroom home is in good condition and is being rented with good a holding income.