These small lot development sites are getting rarer and rarer to find in the Inner City suburbs. This property in central East Brisbane with dual street access offers the chance to construct another valuable home in the back yard. The existing house can be raised and renovated to optimize value of the entire property parcel. Details include:
* 506 sqm of land one block from the "Gabba". * Existing 4 bedroom house ready for renovation. * Dual street access Kingfisher Lne & Lisburn St. * Ability to split the block and construct another house. * Highly sought after position 2 kms from CBD. * 850 metres from South City Square. * 2 blocks from the cross river rail project. * Excellent access to the M1 freeway.
This property should appeal to renovators, developers or owner builders looking to extract the maximum outcome of what is only a handful of these blocks left in East Brisbane. Previous development of these sites has paid off well for their owners but in this tight market you could take it to the next level.
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Contact Brett O'Connor to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.