House for sale

36, 38 & 4 Khandalla Street,

Upper Mount Gravatt, QLD

9 4 0
$3,800,000 Neg

MASSIVE OPPORTUNITY: DEVELOP NOW OR LAND BANK UNTIL LATER

Presenting 3 adjacent blocks with corner access and DA approval for a big modern unit complex. This is a fantastic opportunity to get into the development market in the super popular Upper Mount Gravatt.

This package is the perfect investment for immediate developers or those who want to land bank for the future. Consisting of 3x spacious 620m2 blocks, all on their own separate title and each with a house thats currently tenanted. This is a fantastic investment for all types of investors.

Set in a top-location right behind Garden City, this spot is absolutely fantastic for a set of units. Just 1 minute walk to all the amenities you could imagine, including: the main transit centre with hundreds of buses per day, the massive newly revamped Garden City Westfield, a huge new Asian food court, grocery stores, specialty stores, fashion shops, department stores, restaurants, cinemas and the list goes on!

The DA has approved for a massive block of 58 units across 8 levels (consisting of both 2- and 3- bedroom units) to be built on the property. With the position right and the DA already approved, you can start getting plans drawn up right away. This is a fantastic opportunity for developers seeking a no-fail location to earn a huge potential profit from.

All 3 properties have their own houses on them at the moment, and they are all separately tenanted. So if you want to wait until a later time to develop, this is the perfect situation because everything is already set up for you.

Shrewd investors and developers this is an opportunity that only comes once in a lifetime. All the stars have been aligned for this one. So get in quick and organise your inspection today.

Theres not much time left to make a move, so get in quick and make your offer today! The competition will be tight with this one because land around this area of Garden City goes really fast. Tender closes at 5pm on Wednesday the 28th of June.
Last updated: 04:57PM on Jul 29th 2017
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LJ Hooker Sunnybank Hills

25 Pinelands Road
Sunnybank Hills QLD, 4109
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