Under Offer / Under Contract by Harcourts Noterom
5 Acres - Subdivision Potential - Burpengary East
HUGE POTENTIAL !! A fantastic opportunity for small developers or investors to grab this flat 5acre block currently zoned rural residential. Moreton Bay Regional Council advises this block can be divided into 3/4 acre blocks (subject to Council regulations).
You may choose to subdivide now or land bank for fabulous future returns as this versatile block will suit a variety of uses including trucks and horses. There are a few older structures on the property which include the family home, granny flat, cottage, horse stables, bird aviaries and large sheds. This makes perfect sense for investors as a great rent return of $650per week (approx.).
For further information or to book an inspection, call Gay Matthews on 0409 493 812.