Unique Riverside Opportunity
This leafy riverside property is positioned on the corner of a quiet cul-de-sac with views into the Brisbane River, across Carrington Rocks Park. With a 1972 model timber home, and an 837m2 single allotment, the property offers a number of investment opportunities. Options For the Owner Occupier: Ever contemplated living on the river? Well this property offers you the opportunity to buy a riverside property at the most affordable entry level price. Option 1: The home is just crying out for a TLC renovation. Buy now and update - update the kitchen and bathrooms, polish the floors, internal and external paint, then enjoy the peace and quiet of a riverfront home. Built over 2 levels the home was clear of flood in 2022. Option 2: Demolish the dwelling to make way for your brand new dream home. With the right design, and BCC Approval you could potentially build a huge 3-level home with garaging and storage on the ground level and legal living areas on the top 2 floors - so much space, and just 150m from the Brisbane River. For the Investor: Option 3: Land bank the property. Update the home to a rentable state, lease it out, reap the rewards, and watch Capital Growth in action. For the Developer: Option 4: Potential Subdivision Site: Seek BCC approval to subdivide the allotment, then relocate or demolish the post-war dwelling, and add approx 1.2m of fill to clear the flood level for legal living space, thus readying the allotments for the construction of two brand new, slab-on-ground contemporary homes…both overlooking the Brisbane River. This is a unique riverside opportunity. Inspect today. Call Gary
