32-34 Ryans Road, Northgate QLD 4013

This incredible opportunity for DA approval awaits you! There are three enticing options available for this site.

Option 1 (the current DA approval): involves maintaining the current character house (a double-story with 4 bedrooms) and constructing a triple-story apartment block behind it, thereby achieving the approved 17 units.

Option 2: guided by town planners' instructions and following code assessments, entails preserving the existing character house while building 5 new dwellings - 1 double story & 4 triple story (pending DA approval, but anticipated soon).

Option 3: offers a freehold subdivision, resulting in two separate lots of land (number 32 & 34), with lot number 34 having the potential for three new townhouses.

The possibilities are diverse, providing an array of choices to suit various preferences and investment goals.

Approximate rental returns: $1,400 per week.
Number 32 Ryans Road - $700 per week.
Unit 1 (34 Ryans Road) - $350 per week.
Unit 2 (34 Ryans Road) - $350 per week.

Current vendors are allowing interested buyers to view the front character house so please contact Damon Warat now to organise a viewing.


**Disclaimer:** Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.