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Description: Team Warren exclusively presents this this Golden DA and BA approved development opportunity for the astute developer or investor. The vendors are motivated to sell as they are focusing on 2 other projects. This is your chance to secure this superbly located 759m2 Medium Density zoned block no character or demolition control. It is in the NPP-003f Cannon Hill Station sub precinct.
The hard work is already sorted. All you need to do is buy pending BA approval and start building straight away. Cannon Hill Train Station is just at the end of the street. It is located just a few minutes' drive from the Brisbane city centre. There are several small and medium size developments already completed on this street and this pocket. New developments are on their way.
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DA + BA FEATURES -
- Approval to retain and renovate existing home and build 2 x 3 level luxury townhouses at the back of the large block.
- Townhouses are 3 bed with a large study area which could be used as an multi-purpose room.
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Options for Developers / Investors -
A. Hold for strong potential Capital growth with a rental potential of $650 - $680 per week.
B. Build with the current DA + BA and reap the rewards from the hard work already done for you.
C. Get another DA from the council to suit your requirements.
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LOCATION & FEATURES -
- Level block 759m2 right next to the Parklands with DA+ BA for current house renovation and 2 x tri-level townhouses.
- Medium density 5 level zoning - perfect for serviced apartments, unit development STCA.
- NPP-003f Cannon Hill Station sub precinct allows 180% plot ratio for development.
- Wide frontage. No demolition/character control. No storm water issues.
- Easy city access via car and public transport - both buses and trains. Walk to Cannon Hill station.
- Close to Cannon Hill Shopping Centre, East Village, Morningside shops including Woolies and Coles.
- Easy Childcare access - located on the street.
- Fast airport access via Gateway Motorway and just 8kms from the CBD.
- Several successful developments built in the area and more on their way.
Discuss the above with consultants today.
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Cannon Hill is located at the right spot for tourist and residential unit accommodation. Brisbane City council is encouraging development in this area for the project developers.
All drawings are documents are available upon request from our team.
Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with contacts who can provide researched feedback to help you get your next project started.
This is an opportunity not to be missed. Property is For Sale by Negotiation.
Please contact us for more info or to make an offer.
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Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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