Auction On Site Saturday 12th September at 1pm

Calling Investors and Developers! What an opportunity here! A 837m2 prime parcel of land zoned for medium density development, right adjacent to the central business district of Capalaba.

Apply for your DA and develop right away or land bank for the future to realise the potential gains from this ultra desirable location.

The property offers an existing 4 bedroom dwelling in neat but original condition with a potential rental return of around $350/week.

Positioned within walking distance of major retail shopping, medical amenity and transport, this one is all about location, location, location!

Features include:

* 837m2 parcel zoned Medium Density
* Multiple dwelling opportunities, subject to council approval
* 75% maximum site coverage potentially permitted
* Walking distance to public transport, shops and amenities
* Low set brick 4 bedroom dwelling (circa 40 years) in original condition existing with potential rental return approx $350/wk