56 Leitchs Road South, Albany Creek QLD 4035

Rarely does an opportunity like this present itself in such a 'blue chip' location. Be the first to secure this expansive parcel of land ripe for townhouse development or perhaps a land subdivision that's only a short stroll from shopping centres, schools and public transport.

Currently, there's a large low set brick 4 bedroom home that resides on the site and would offer a great rental return (approx $500 - $550 per week) while you wait for your DA approval.

Whilst no DA has been lodged at this stage, initial discussions with Council would indicate that a 5 lot subdivision would be welcomed or otherwise, a townhouse complex of approximately 18 x 3 bedroom dwellings is certainly possible.

The home itself offers 4 generous bedrooms as well as an impressive formal entryway leading to a spacious formal lounge with working fireplace and separate formal dining. Vaulted ceilings add a touch of class and the glass sliding glass doors open to the massive outdoor entertaining area and in-ground swimming pool.

Further into the home is a very decent size kitchen with a gas cooker and ample bench space and cupboards. On the other side of the home, an enormous rumpus room separate entry, air-conditioning and ample storage with two extra rooms attached. There is a separate laundry room, great size linen cupboards and easy care tiles and carpets throughout.

The home is predominantly original and whilst neat and tidy, is ready for a cosmetic upgrade should you decide to retain this dwelling and develop around it.

In addition to the already mentioned features is a 2 bay shed which is fully insulated, solar hot-water, colour bond roof, majority of the block is tree free and offers mains sewage.

In a private setting, away from the hustle and bustle, this property will surely tick all the boxes of any discerning buyers looking to capitalize on this rare opportunity.

A full features list includes:

Centrally located and large, flat, low maintenance 3,139m2 allotment
Ripe for townhouse development (possibly 18 two storey dwellings) or a 5 Lot land subdivision
Home has an estimated rental return of $500 - $550 per week
Choice of 3 living areas including separate spacious formal lounge and dining plus enormous rumpus room with own entry
Working fireplace
Vaulted ceilings
Generous kitchen with 6 burner gas cook top, 900mm oven and plenty of bench and cupboard space
4 decent size bedrooms including the guest bedroom with a walk-in robe + built-in robe
Master bedroom with ensuite
Ample storage throughout
Separate laundry room
Enormous outdoor entertaining area at the side
In-ground swimming chlorine pool
2 bay shed that is fully insulated
4 car accommodation
Solar hot-water system
Colorbond roof
Majority of the block is tree free
Sewage to the home
Very close to schools, buses and shopping centres

'The Michael Spillane Team' is best contacted on mobile phone to book your private inspections or answer your questions.

Built-In Wardrobes,Close to Schools,Close to Shops,Close to Transport,Fireplace(s),Solar Hot Water