Development Potential
Presenting this gently sloping 819 Square Metre Block with 26.8 metre frontage in a quiet street in Holland Park West. Ripe for development, this block can be split (subject to final BCC approval), and two new dwellings constructed.
Currently offering a 1956 built, neat and tidy 3 Bedroom Post War home that generates $670 per week in rental income. The home sits in the catchments for the Marshall Rd State School and Holland Park State High School. It offers three good sized bedrooms, living room and separate dining and kitchen areas, flat backyard for kids to play, modern bathroom plus extra toilet, air conditioning to living, ceiling fans to bedrooms, and a fantastic deck.
Stormwater exfiltration is in place for future connection, the sewer line is also accessed in the back yard and there are no current vegetation protection orders on the property. The current owners have completed some preliminary house design work with Jo Brown from NUVO Homes.
This presents as a superb land bank or near future development opportunity. Situated just 6 kilometres South East of the Central Business District (straight line).
A reluctant but necessary sale, be quick as this will surely be snapped up fast!