Located on the corner of prestige "Hillview Parade" and "The Crescent" in popular Ashmore, this large site has potential for a lot of upside.
What an opportunity to secure this unique development site with existing council approval to add value with a duplex pair.
Once developed there is potential for a huge rental return from the whole site of approximately $1850 per week. (Subject to development) This, as well as being located in a growth area solidifies 2 Hillview Parade as a great investment for years to come.
- 1328m2 of total land area with existing renovated house
- Council approved to build large 2 x 3 bedroom duplex in addition to existing house
- Existing fully refurbished substantial family home with dual living capabilities, currently tenanted at $750 per week
- A popular location with Benowa Village, Royal Pines Resort and Pindara Hospital within a few kilometre radius
- Falls within the Ashmore State Primary and Benowa State High School catchment zones
- Easy access to major arterial roads, such as Ross Street and Ashmore Road
- A short walk to beautiful Sun Valley Park
This highly motivated owner has purchased elsewhere so is ready for a savvy investor, developer or builder to purchase and maximise the value of this site.
Contact Lacey West to obtain full Information Memorandum with plans and other relevant information.
Open to Inspect:
Friday 6 September 10:00 AM 10:30 AM
For more details, please email agent