This perfectly positioned parcel of land in the heart of Sunnybank allows for fantastic development potential. With a total of 64.4m frontage and 2403m2 total area, it has the potential to be sub-divided into 6 x 400m2 lots. There is also potential to apply for re-zoning to turn this into a fantastic townhouse site (STCA).
The 3 solid brick lowset houses also make this an excellent option to purchase and collect the rent for the foreseeable future and develop later. 46 is currently rented at $400pw, 44 is currently rented at $390pw, and 42 could be rented for $420-$440pw. Giving a potential combined rental return of over $1200pw.
Exclusively listed, get in now before it’s too late, 46 is being sold separately so if that goes first, the opportunity to buy all three will be gone. Contact Adam Scott or Michael Liu to discuss further.
2403m2 of prime land
Relatively flat with a slight fall to the rear
Flood free with minimal trees to clear for development
#46 is 3 bedroom lowset brick rented at $400pw
#44 is 3 bedroom lowset brick rented at $390pw
#42 is 3 bedroom lowset brick could be rented at $420pw
All houses are in good rental condition and require no major work