Prime LMR Site with DA for 10 Units
This 645m2 site is an excellent building platform with a 3 bedroom home currently providing a rental return of $340 per week.
A Development Approval from Brisbane City Council for 10 X 2 bedroom apartments has just been released.
Murarrie is an emerging growth suburb and development hotspot within 10km of the Brisbane CBD. Just a short drive over the Gateway Bridge is Brisbane Airport, a major employment sector set for expansion with the second runway construction project and associated industries looking to expand in the near and medium future.
The nearby $600m East Village Project is now being developed by The Anthony John Group (Emporium, Fortitude Valley) and is set to be one of Brisbane's most progressive master planned communities.
All the desirable facilities for modern living are close at hand :-
10 minute walk to Murarrie Train Station
10 minute walk to Cannon Hill Shopping Centre (major centre with Bunnings, K-Mart)
10 minute walk to Murarrie Recreation Grounds - Parks, Bike track
10 minute walk to East Village, 5 minute drive to Gateway Motorway
20 minute drive to Brisbane Airport
Significant development occurring in the area, with a mix of Units and Townhouses
Urbanisation occurring in the area
Call Damon Churchill for an Information Memorandum on the property.