Seize the opportunity to transform this expansive 2023sqm block into a lucrative development venture. Situated in a quiet pocket of Salisbury, this level block boasts 2 street access and a generous 20m frontage, offering a multitude of options for astute investors or developers.
Versatile Development Potential: With ample space and 2 street access, this property presents various development opportunities. Whether you envisage a large building site with room for machinery, cars, or even a tennis court, or prefer to capitalise on the two-street frontage by subdividing into multiple lots (potentially up to 4), the possibilities are endless (subject to council approval and your own due diligence).
The untapped potential of the very modest 3 bedroom post-war with much love and character sits ripe for renovation or detonation – which ever you choose, you are well placed to capitalise on the location benefits.
Underpinning this opportunity is the location. Opposite St Pius Catholic Primary School, fantastic access to arterial roads, and a stone’s throw from QEII Hospital, Griffith University and QSAC (potential Olympic Venue) your new investment is well placed for future capital growth.
Having been in the family for well over 2 decades, the time has come for their much-loved home to be offered to the market. Whilst the sale is definite – the opportunity to secure does offer a unique opportunity to realise an affordable developable property in a prime location.
Contact the marketing agents today to receive the Information Memorandum available.
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Ross Bischoff
