Ray White Calamvale
DA Approved for 5 lot subdivisions - Ranging 450m²-902m²
Calling all Developers, Investors and those looking to Land Bank. The Waiting has been done for you - We have a Development Approval Done. Approved for 5 Lot Subdivision with One Dual Occupancy/Duplex.
$$$ - Proposed Duplex with potential return of $1,100/week
$$$ - For those looking to land Bank, there is currently a 3 Bedroom Renovated home on this site which could be easily rented
$$$ - Plus renting out the triple lockup Titan Shed and Besser Block building - Ideal for Home Business
$$$ - The current house is on stumps making it easy to relocated or better yet, moved to one of the 5 lots for even more Returns
$$$ - Child Care Centre on this lot would accommodate approximately 120 places
Location is spot on, only a short stroll to the Shopping centre, easy access to buses, down the road from the best park, The Underwood park, with its playgrounds, picnic spots near the lake and even a bicycle track. The Buddhist Temple is a short stroll from there and the City Council Mountain Bike Trail. The Freeway and Motorway are just a stone throw away.
With the lack of Vacant land, this opens up a great opportunity the one who gets it.
Whether you take advantage of the current DA or you apply for Townhouse Complex or open a Child Care Centre, the options are now open to the floor.
Total lot size - 3268m2 (62m Wide frontage) with a 3 bedroom home and 3 Garage Shed (Rentable)
Lot sizes 450m2, 541m2, 633m2, 741m2, 902m2
Make your Offer now
All Offers Considered
3,268m² / 0.81 acres
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