This five bedroom, one bathroom house is ideal for student accommodation; being 810m2 of LMR zoned land on two lots affords you a number of investment options.
Hold for a great rental return, split and put two houses on the site or build townhouses and units - the choice is yours!
The existing house was placed on the site in 1962 and can easily be removed. However, it would provide you with an excellent holding income while you await development approval or contemplate your next move.
Situated in one of the best areas of Annerley and bordering Greenslopes, this property is less than four kilometres from the CBD and has a very high land value.
It is ideally located within walking distance to a major shopping centre, public transport and all other amenities and offers direct and easy access to the CBD - it represents great value.
This is one property, whichever way you look at it, that can only give you an outstanding return from your investment. Come and purchase it today!
810m2 LMR land
Two lots
High land value
Suit student accommodation 翻译中文