Mount Gravatt East 45 & 47 Springwood Street
Sold
Bed
7
Bath
3
Car
6
- Property ID 20173315
- Bedrooms 7
- Bathrooms 3
- Garage 4
- Carports 2
- Land Size 1409.00000000 sqm
Huge corner site over 2 lots, DA approved for 8 townhouses plus a large house!
This site, on a corner allotment is now back on the market after contract crashes.
Offering the astute buyer the ability to take advantage of an existing DA across two lots, the approval is for 8 large townhouses plus retaining the original house and provides some amazing opportunities.
It currently has two post war properties on each lot that have periodic tenants in place, which provides holding income whilst you look to complete the BA requirements and organise construction.
You can also hold both properties whilst looking to keep one house and submit for a new DA across only one lot and look to renovate the other.... the choices are endless.
Mount Gravatt East continues to grow and is only around 10km from the CBD. Given its close proximity to great amenities such as transport routes, schools and of course Westfield shopping centre..... it makes for a perfect development project with desirable properties on completion.
Call or email Matt for access to the IM on the property.
