$1,130,000

6 Bed  •  2 Bath  •  4 Car

Main view of Homely house listing, 65 & 67 Lumley Street, Upper Mount Gravatt QLD 4122
Second view of Homely house listing, 65 & 67 Lumley Street, Upper Mount Gravatt QLD 4122
Third view of Homely house listing, 65 & 67 Lumley Street, Upper Mount Gravatt QLD 4122
+6

Sold

65 & 67 Lumley Street, Upper Mount Gravatt QLD 4122

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$1,130,000

  • 6
  • 2
  • 4

House Sold on Fri 18 Dec, 2015

What's around Lumley Street

House description

“Price Reduced To Sell”

With a total of 1,457m2 of prime development potential, in a street that is ready for development, this is your opportunity to create what you like, when you like (excellent holding return) in an area that is growing fast and close to the CBD.

65 and 67 Lumley Street development snap shot from town planner advice:
> Setbacks: 10 m to rear boundary, 6m (wall) and 4m (boundary) to the front, and 4m to side
> 10% of site retained for deep planting
> Height 5 storey's
> Site 1457m2 give you a 125% GFA = 1784 M2 (minimum)
> Reasonable expectation of 32 x 2 bed units (suggest 4 levels with 8 units each and a ground level car park and basement under or as potential design 5 levels x 7 units).

Site constraints:
> Very few constraints, there are street trees but access is feasible around them
> No storm water, no sewer, no overland flow issues
> Site is considered ideal for medium density development
> No applications to council have been made yet, so a code assessment application will fast track your development
> Or push the boundaries with a full development application, the choice is yours
> To be sold ASAP, so please register your interest.
> Lot Plan: L86 RP13400 & L85 RP13400

Council rates

$645.49 Quarterly
Fourth view of Homely house listing, 65 & 67 Lumley Street, Upper Mount Gravatt QLD 4122View more
Fifth view of Homely house listing, 65 & 67 Lumley Street, Upper Mount Gravatt QLD 4122View more

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65 & 67 Lumley Street, Upper Mount Gravatt QLD 4122
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