Property Summary
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Type | Residential Sale |
Price : | Undisclosed |
Suburb | Redcliffe |
Property Type | House |
Sold At : | 26/02/2020 |
Council Rates | $1,383 per year |
Water Rates | $1,037 per year |
Under Offer ....Ross Kretschmar ...more proeprties needed
1252sqm block Zoned R20/40 located in a cul-de-sac!!
There are so many development options for this property it may feel like cheating for the successful buyer.
• Build five quality townhouses
• Build 11-13 apartments, dependent on configuration
• Build four single level homes
• Subdivide, creating four survey strata blocks to on sell, 1st time developers & non builders consider this option strongly
The above scenarios meet the R20/40 code for this property.
The location is 10/10 for the following reasons
• Neighborhood shopping precinct close but not to close
• Transport routes & services very close but not going past your front door
• Train Station coming, less than 2kms away
• Many schools, including primary, special needs, secondary college, Catholic primary and Islamic college all less than 7kms away.
Pockets of Redcliffe will prove to be great investments moving forward. DA6 (Development Area Six) is a great example of what's happening in this Suburb.
Email me, I'll send you a link for DA6. If you spend the research time, I bet you get excited about this undervalued Suburb.
The house, which has been in the family for decades was built from concrete block in 1962.The roof has been replaced with iron.Whilst a developer will probably buy this property, I encourage investors to make arrangements to view with me.
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