LMR Block with great holding income
Zoned LMR, within Brisbane City Council, offering great holding income due to dual living component.
Unlock the potential of this prime property at 21 Marnham Street, Acacia Ridge. This flat 673m? block, zoned LMR 2 (Low to Medium Residential), is a fantastic opportunity for investors and developers.
Property Highlights:
Versatile Development/Investment Options:
? Subdivision Potential: Subdivide the block to create a small unit or a 3-4 townhouse complex.
? Solid Structure: The existing home features durable construction with hardwood frames and a tiled roof. It requires minimal renovation.
? Dual Income: The house is cleverly divided into two self-contained portions with separate entrances-a 3-bedroom unit upstairs and a 2-bedroom unit downstairs.
House features:
Air Conditioned living rooms
Extremely liveable
3 bedrooms with wardrobes and 2 Bedrooms downstairs with separate access, living areas and kitchens
2 undercover car parks
Hardwood timber floors
Solar system installed
Huge Deck
Solid Structure
Prime Location:
? Convenient Amenities: Within walking distance to Elizabeth Street shops, bus stops, parks, and daycares.
? Shopping and Entertainment: A short drive to Sunnybank Market Square and Mount Gravatt Shopping Centre.
? Proximity to CBD: Approximately 15kms from Brisbane's CBD, ensuring easy city access while enjoying a suburban lifestyle.
? Located in the growing suburb of Acacia Ridge, this property presents endless possibilities for development and growth. Seize this incredible investment/development opportunity today.
Proximity :
? 4 Minute walk to Elizabeth Street Shopping Centre (IGA, Chemist, Bendigo Bank etc..)
? 2 minute walk to Buses 110, 115 , 122
? 800 meters to Acacia Ridge Aquatic Centre
? 2.2 Kilometres to Acacia Marketplace (Woolworths, Aldi, etc..)
? 15 Kilometeres to Brisbane City
? 850 metres away to Sunrise Kids Early (Child Care)
? 850 metres away to Wellbeing Medical centre
On Site Auction on 5th October 1 pm, this is a MUST SELL situation.
All information contained and boundaries shown are gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty and request the potential buyer to do their own investigations.
For further information, please feel free to contact the listing agents Sid and Mo