House in Pallara, QLD

This property is sold

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Owner Lets Go - An Opportunity for the Astute

Long-time owner-investors retire and are selling this 16,190 sqm (4 acre) property. The sale represents a timely opportunity for an investor or an owner occupier.
⢠The Local Neighbourhood Plan allows for premium life-style subdivision of 1,500 sqm blocks on this property, providing the potential for significant market differentiation from surrounding small lot subdivisions.

⢠Acquisition of neighbouring properties by developers is actively in progress. Small lot sub-divisions are allowed on these neighbouring properties.

⢠Occupied by a long-term tenant, the property boasts a 4 bedrooms 2 bath dwelling.

⢠The current price sought by the owner-investors is too good to ignore - buy the property to live in and develop at a later stage or continue with the tenancy for a holding income.

⢠With the prospect of the neighbouring properties being developed into smaller building blocks, we would suggest that there will be a demand for premium bigger building blocks in this evidently thriving area.

⢠Do not take our word for it but visit the area to see Stockland's massive development site just a stone's throw away and the already developed area of Heathwood....also a stone's throw away. This property sits perfectly in between.

Location :address on requested
Price :$1.3 million
inspection :by appointment
contact: Andrew Lin 07-3373 9855 / 0422 173 450
Maxwell Loke 07-3373 9828 / 0412 116 369
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Yong Real Estate Corporate Sunnybank Hills

Suite 18, Pacific Centre, 223 Calam Road
Sunnybank Hills QLD, 4109