MEDIUM DENSITY RESIDENTIAL DEVELOPMENT SITE

Inspection via Appointment Only
Karalis Real Estate is excited to present this amazing property to the right person or company that can take it to the next level. The property is situated on Mount Cotton Road the main road that leads into Capalaba Park.

Plenty of Options are here for the ASTUTE BUYER with this massive 1600m2 property with an extra wide frontage of approximately 25m - ZONED Medium Density Residential in the Redland's Shire Council.

* KNOCK DOWN - Have an open caucus to start planning a rebuild of Townhouses SUBJECT to Council Approval
* KEEP EXISTING DWELLING - Subdivide and build on the remainder of land available SUBJECT to Council Approval

* Live inside this large family home of 355m2 * your options are endless, available is the self contained area with main road exposure * 32m2 for your home business * separate side access is available * suitable for Hair Salon * Massage * Accountant * Book Keeper * Student Tutoring * Home Daycare * mini Call centre

NOT READY TO DO THE PROJECT NOW ?
THEN WE HAVE THE SOLUTION - This Investment will generate a great return before you develop ! An estimated rental of $850 p/w is achievable at this location with the self contained area.

The current dwelling has a massive * 5 bedroom * Ensuite * Built Ins * 3 bath * 2 x lockup garage * self contained area built into the dwelling * large entertainment area in the pergola.

This is a rare development opportunity that only comes once in a decade, so take it while you can OR wait till the next decade and pay EXTRA FOR IT !!

Capalaba has a population of 17,400 and has seen an increase of 4.3% over the past 5 years. New dwellings are built daily to keep up with demand.

Key Attributes
* Great rental return on the existing house and self contained area
* 1.5km from a Major Shopping Centre Capalaba Park

Close Proximity to;
* The Brisbane GPO 19km
* Capalaba State College Primary to year twelve 120m
* Capalaba State Preschool 120m
* Capalaba Kids Early Learning Centre 180m

Call us at Karalis Real Estate for any further details and a private Inspection.
Angelo Karalis 0421 242 645
John Karalis 0421 242 587

Property Features

  • Air Conditioning
  • Broadband
  • Built In Robes
  • Electric Hot Water Service
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Study

Overview

Type Sale
Price Expression of Interest
Bedrooms 5
Bathrooms 3
Car Spaces 2
Land Area 1600.00 m2

Inspection Time

No inspections are currently scheduled. Contact the agent to arrange an appointment.

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