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66-68 Granard Road in Archerfield is a rare opportunity in the market; five adjacent lots, with a total area of 2,025 square meters, offer abundant possibilities for development, whether separately or as a whole.
Properties in the vicinity benefit from convenient access to Griffith University, QE2 Hospital, and Archerfield Airport, as well as multi-unit buildings connected via Ipswich and Pacific Highways. Weekly rental for independent apartments on these 5 x 405-square-meter lots is approximately A$400.
Other business opportunities arise from commercial space (STCA). This vast landmass allows for development similar to nearby shopping centers, opposite McDonald's, Coles Express, and the corner Shell gas station, offering dual rental income, or even operating a business from home, provided approval is granted by the council.
Some notable features of 66-68 Granard Road include:
Contact Nick Bowen or Brock Ward to arrange your inspection, otherwise, you might miss this opportunity!
66-74 Granard Road, Archerfield, QLD 4108 2,025m2 land with dual Street access on 5 x 405m2 lots!66-74 Granard Road in Archerfield offers an opportunity rarely offered to the open market; 5 x 405m2 adjacent lots sprawling a total of 2,025m2, with dual street access delivering a wealth of opportunity, whether developed individually or as a whole allotment.
Nearby properties have taken advantage of the proximity to Griffith University, QE2 Hospital and Archerfield Airport, as well as connectiveness to the Ipswich Motorway and Pacific Motorways to utilise multi-dwelling builds where 5 x self-contained flats on a 405m2 lot yield roughly $400 per week per flat (STCA).
Other opportunities lie in a more commercial space (STCA) regarding business opportunity with such a large land mass allowing chance for developments mirroring nearby shopping centres, McDonalds across the road, with Hungry Jacks, Coles Express and Shell on the opposite corner.
Dual Street access allows further chance for on-selling 5 x lots where a home could face Gladstone Road, with sheds in backyards accessible to Granard Road, delivering dual occupancy rental yields, or even chance to run a business from home, again Subject To Council Approval.
Some outstanding features of 66-74 Granard Road:
- 2,025m2 allotment
- 50.5m approximate frontage
- 40.2m approximate depth
- 5 x 405m2 lots
- Dual street access
- 1.9km walk to Rocklea Train Station
- 1.2km walk to Salisbury Train Station
- 3.4km to Griffith University
- 3.9m2 to QE2 Hospital
- 1.8km walk to Archerfield Airport
- Coffersmiths Espresso Bar 2 doors down.
- 1km to Ipswich Motorway onramp
Contact Nick Bowen or Brock Ward today to arrange your own inspection, or you might just miss out!