House for sale

18-20 Norman Street,

Fig Tree Pocket, QLD

4 2 2

Unique Opportunity in Brisbane - Develop, Land Bank, Guaranteed Income

Phone enquiry code for this property: 2390

A rare 4048m2 property that has just received development approval to subdivide in to 6 blocks in two stages. 7 blocks may be possible. 6 month delayed settlement considered.
Block prices now in the $600,000 range. Development costs approx. $200,000. Being sold as one property as family home to minimize tax. Assistance can be provided in developing if desired.

Current owner would like to rent house on front half of block for 1.5 years while Stage 1 rear blocks developed and last child settles in to university.

A terrific house to live in (with convenient home office) having been renovated by Owner (retiring Consulting Structural Engineer with previous Builder's Licence), and Fig Tree Pocket is a great area to live within, being close to shops, parks, bike track to city, legacy tunnel to airport, hardware stores, excellent schools, gym, equestrian centre etc.

Enquires from Agents with buyers welcome. Commission guaranteed.

Phone enquiry code for this property: 2390
Last updated: 01:30PM on Jan 29th 2018
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