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10,258m2 MDR site, Subdivision, Townhouse & Units potential

Warren n team exclusively presents this this Golden opportunity for the astute developer or investor with approx 37% return on investment once completed.

This is your chance to secure this superbly located property for your next investment or unit/townhouse project, spread across 10,258m2 of level and clear block, zoned 'NPP-003b - Logan Road medium to high density residential'. This site is an amalgamation of 4 separate titles on 30, 32, 34 and 36 Hertford St.
5,165m2 + 1,427m2, + 1,731m2 + 1,935m2 = 10,258m2

The vendors have prepared High Level Schematic design in consultation with their consultants and the with discussion with the council. The Design is subject to council approval. There is 37% projected return on this project as per the feasibility provided.

The Schematic Design consists of 55 x 3 storey townhouses and a 30 Unit tower at the front. Contact us for drawings and details and to discuss further.

* Copy and paste this link for all documents (Schematic Plans, Title Search, Property Report, Storm water Report): https://vltre.co/QDgZ6e

PLEASE NOTE: Enquiries from a private number, or an email/text enquiry without the full name, email address, correct contact number will not be responded to.

A potential unit and townhouse development will offer a good return on investment and high capital growth if you build and hold the project on a large wide block. Discuss with your town planner and/or my team.
Rarely do you see land this size with development potential on the market in this superb location. Properties that are DA approved, and the Final unit and townhouse stock sells quickly in this area.

FEATURES -
- Level block, spread across 10,258m2 over 4 titles.
- Zoned NPP-003b - Logan Road medium to high density residential.
- Build Units, Townhouse or land subdivisions, subject to Council approval.
- High Yield Schematic Design prepared with feedback from consultants and the council (No DA).
- Excellent Potential Rental income

LOCATION-
- Right in the heart of Upper Mount Gravatt area, walk to schools, social clubs & commercial businesses plus a short walk to Garden City. Thriving precinct with a record growth rate and a high rental demand and yield.
- The site is a few minutes' walk to the south-east's largest Westfield Garden City shopping centre and local shopping & multiple eateries & entertainment options (The Village Upper Mount Gravatt).
- Buses are right at your doorstep from Logan Rd, and TAFE, Hospitals and Universities are all a few minutes' drive away. Easy access to the Pacific Motorway both north and south, with Brisbane CBD being just 9kms minutes away. Minutes away from the Gateway motorway that provides fast access to the Brisbane Airport.
- Sunnybank's Chinatown and Asian community is only 5 minutes' drive away and is a hugely popular destination for dining and shopping.

ABOUT UPPER MT GRAVATT -
Upper Mt Gravatt caters for almost 60,000 businesses with plenty of education opportunities around. This attracts buyers ranging from investors, home buyers and first home buyers. There is also a great unit rental demand from students and professionals who want to be based in the area due to its central and highly convenient location.
With the Brisbane City council encouraging development in this area, the project developers can start planning and receive a development approval very quickly. Once your DA application is approved by the council, the apartments can go to market almost immediately for off-the-plan sales to begin.

As our team leader is also a QLD Registered Architect and Development Specialist, Team Warren can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with contacts who are able to provide researched feedback to help you get your next project started.

This property won't last long. Please call or email the team if you need more info.
This is an opportunity not to be missed.

Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.