81 Blackwood Street, Mitchelton QLD 4053

Situated within walking distance to all that Mitchelton has to offer, this 1990s brick home sits on a large 817m2 parcel of land with many options. The house itself is in excellent condition and some simple cosmetic work is required. There are many options for this blue- chip parcel of land and these include:

Option 1-
Land bank and lease whilst owning 817m2 of blue chip real-estate within 9 kilometres from the city.

Option 2 - Further develop the block with LMR3 Low Density Residential (up to 3 story's zoning) .(S.T.C.A)

Development in the precinct supports multiple dwellings at low-medium density residential development and medium density residential development.

Option 3- Keep the existing dwelling and convert into an aged care facility or medical practice.

Option 4 - Move into the home and sit and watch the investment grow.

Mitchelton has been earmarked as a future hub with two train stations, major shopping facilities and a thriving cafe precinct in Blackwood Street. Situated under 10 kilometres from the City centre the area has seen huge price growth with the area expected to keep progressing well.

This property is going to tender. If you have any further questions please call the agents or email for an information pack on the property.

**This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes**