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Home in Woodridge
Rare Opportunity to Acquire a Prime 1,100m² Land Parcel with Subdivision and Development Potential (STCA)
- 3 Beds
- 1 Bath
- 1 Car
We present an exceptional investment opportunity - a substantial 1100m2 land parcel strategically located in close proximity to essential amenities. This expansive quarter-acre block is uniquely zoned and approved for townhouses, offering immense potential for savvy investors and developers (STCA). Situated near various schools, commercial precincts, medical facilities, and Logan's new transport infrastructure, this property boasts a desirable location within easy walking distance to local retail businesses.
Currently, the property features a well-maintained 3-bedroom house, with tenants generating a steady rental income of $425 per week, and the lease set to expire in August 2023. This existing dwelling further enhances the property's appeal, making it an attractive prospect for land banking purposes, future subdivision, or redevelopment (STCA). Alternatively, prospective buyers have the option to pursue their vision and construct their dream home on this scarce and sought-after property.
Key Features:
- 3 Bedrooms
- Rental Income: $425 per week
- Lease Valid until August 2023
- Frontage: 20m
- Depth: 50m - 51m
- Land Size: 1100m2
- Zoning: Low-medium density residential (STCA)
- Precinct: Townhouse Development (STCA)
Seize this golden opportunity to secure a property that presents endless possibilities for both immediate and future gains. With close proximity to schools, shops, and public transport, this property is sure to captivate discerning buyers seeking substantial growth potential.
1,100m² / 0.27 acres
1 garage space
3
1
