Offers Over 940,000 941m2 site in Chermside suitable for multi unit dwelling project. Property is located in a residential cul de sac close to everything the Chermside precinct has to offer. As a bonus this property has a full current development approval for a small project together with most documentation and engineering reports towards a building approval for same. The current property development approval has potential for re-design and new development lodgement with Brisbane City Council to allow a better and more productive use of the large land area available. As a further bonus at the present time the property is returning an approx gross weekly income of 620 per week. The residential street location is away from main road noise and congestion. The property adjoins and is near other quality residential projects, some still being planned, some under construction and some completed. Others have recognized the location potential for new developments in the immediate area. Currently there is a duplex with two x two bedroom homes with great tenants and a combined income of over 30,000 per annum. This is a blue chip location - act now! Engineering reports available. Call now to discuss and have a look at the plans. This property is a House for sale.
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