Ray White Bulimba and Ray White East Brisbane are pleased to present this fantastic investment opportunity with phenomenal development potential. Develop straight away or buy and hold, the choice is yours!
The pre-war home currently reaps a strong holding income diversified across multiple approved residential tenancies totaling circa $92,000 per annum.
63 York Street also presents as a strong future development opportunity given its generous street frontage and code assessable boundary realignment to create 2 individual 455m2 blocks with 20m frontage. The property is zoned CR1 (character zoned). The property is not subject to flooding or overland flow.
House: 5 Bedrooms, 1 Bathroom, 2 Cars
Flat 1: 2 Bedrooms, 1 Bathroom, 1 Car
Flat 2: 2 Bedrooms, 1 Bathroom
Flat 3: 2 Bedrooms, 1 Bathroom, 1 Car
Flat 4: 2 Bedrooms, 1 Bathroom
Properties like this is few and far between. Don't miss this rare opportunity to reap all the benefits of a home with uncapped development potential!
The owners are committed to a sale, call today to view. For further details or to arrange an inspection, please contact Garry Price on 0402 693 501 or Hayley Jane 0400 958 567.
