This is a house situated in 5/RP66559 Chermside QLD. Based on comparable properties, its value is $675,000. Built in 1950, featuring 3 bedrooms, 1 bathroom.
MULTI PURPOSE (MP2) DEVELOPMENT SITE WITH RENTAL INCOME An ideal opportunity presents itself here for land banking, while taking advantage of the current rental income from the recently renovated dwelling and hold for future development. The existing home has been fully modernised with modern fixtures and fittings throughout, including air-conditioning, new kitchen and bathrooms. Perfect for a medium unit development project, these MP2 zoned properties are in short supply and are becoming very harder to find; this property offers the potential to develop now or in the future (STCA). -Under 10km to Brisbane's CBD -Walk to major Westfield shopping precinct -Walk to express city bus -Quiet street location in central activity precinct -Existing post-war home with 3 bedrooms & storage space under -Asset depreciation on inclusions -Recently painted and floor coverings -Holding rental income at $350 per week to December 2020 -New kitchen & Bathroom fit out PHONE GRAHAM CARTER OF RAY WHITE CHERMSIDE FOR VIEWINGS AND FURTHER DETAILS ON 0411 222 666.