Address: 6 Dindi Street Underwood
Land Size: 1088m2 (29m frontage)
House: 5 Bed, 2 Bath, 2 Carpark (Need TLC to make it liveable)
DA pre-approved: 5 Townhouses OR 2-3 separate lots
Off-Market Tender Closing: 25/09/2021
Price Indication: Mid-High 800s
With the land size of 1088m2 situated on a prime pocket of Underwood this property has massive potential for developers, homeowners, and renovators alike.
Accessible and presented to only SYEDs clients before it hits the market! No offers will be accepted after the Tender Closes on 25/09/21.
DA Pre-Approved or 5 TOWNHOUSES. Can get the DA approval to subdivide it into 2-3 lots (Average new home price is $1.1Mil in the area)
Some Features:
- Lowset brick house with solid brick walls inside out
- 5 Bedrooms, 2 Bathrooms and double carport
- Separate living, dining, and an open plan kitchen
- Solar powered with inverters and panels installed for the whole property
- No structural issues (do your own DD)
- Big backyard (almost 400m2)
- 2 Aircons and plenty of pantry storage
- The house has been vacant for almost a year now and need good renovation to make it liveable again (no structural issues)
- PRIME LOCATION! Behind Underwood Road, next to Eight Mile Plains School and just across Logan and Millers Road
- Subdivide, build, or renovate for a quick turnover with great ROI (Average land price in the area is $1200/sqm)
- Busway project undergoing on Underwood Road so massive investment potential. Can also build an apartment complex (LMDR Zone)
The land itself is valued more than the asking price so this opportunity is not to be missed!
Please note that the EOI and contract submission is ending on 25th of September. It will go ON MARKET if not sold prior.
Best offer would take it on first come first serve basis so submit your offers by 25th of September 2021.
Viewing by private inspections only, contact SYED @0416 498 295 OR syed.ali@raywhite.com for any further queries.