House for sale

20 Stopford Street,

Wooloowin, QLD

4 1 2
QUICK SALE! $1.2m!

D.A. APPROVED TO RETAIN/MODIFY EXISTING LARGE QUEENSLANDER & TO DEVELOP 4 NEW TOWNHOMES AT REAR!

The Simon Au Team presents this exceptional development opportunity situated in one of the most prestigious inner city location of Wooloowin, only 5km from CBD and within walking distance to buses & trains, and surrounded by quality homes and shopping facilities.

This sensational property/ project will be ideal for developer, builder and investor and it features:

> Hilltop location with beautiful suburban views and views to Mt Coot- tha

> Approval to retain and modify existing large Queenslander home at the front, currently with 4 bedrooms, rumpus, dining/ living, big kitchen area

> Approval to develop 4 x 2 bedrooms townhomes at the rear

> Beautifully designed plans and functional layout, big bedrooms, indoor and outdoor livings

> Significant time and cost saving with development plan already been approved

> Big 809m2, zoned low- medium density, approx. 20m frontage, already on 2 lots

> Perfect location - within 150m walk to the Wooloowin Train Station & short walk to Clayfield College, Eagle Junction State School and parklands


Resale potential for completed development (varies significantly depending on the level of finishes and the market condition at the time of sale):

⢠Potential resale price for the front renovated Queenslander with views (4 beds, 4 baths, 2 cars) - low to mid $800k
⢠Potential resale prices for rear 2 bedrooms brand new townhouses - mid $600k to high $600k

Nearby 3 beds apartments with city views have been selling in the low $900k. This is a brilliant opportunity to develop straight away and resell these townhomes for a great profit!

Wooloowin is a beautiful and leafy inner suburb of Brisbane with many luxury developments and large family estates. This suburb is well serviced with direct city buses and train transportation, and surrounded by many parklands and prestige schools.

CONTACT THE SIMON AU TEAM ON 0433 221 723 NOW FOR MORE PLANS AND DETAILS!

THIS DEVELOPMENT SITE MUST BE SOLD!
Last updated: 06:11AM on Aug 8th 2017
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