3 Wallace St, Moorooka QLD 4105

:: 603m2 LMR lot with development potential
:: Appealing hilltop location with 15 meters frontage
:: Easy walk to Woolies, shops, schools & train
Here’s an outstanding opportunity to plan and complete a small boutique unit or townhouse project. The property is ideally situated on a hilltop 603m2 L.M.R lot in an appealing neighborhood. Remove the postwar home to leave you a level block with 15 meters street frontage.
An almost identical 600m2 block was redeveloped in 2010 just a few doors down in the street to create 4 x 3 bedroom townhouses which, if built today should sell well into the $500K’s range each. This location would be highly desirable to both owner occupiers and investors alike.
From here it’s an easy walk to Woolies and the Moorooka shopping strip in one direction and the train in the other direction. Affordable opportunities such as this are hard to come by, don’t delay please call me for further details or to arrange an inspection today.