49 Franklin St NUNDAH QLD 4012
Offers Over $499,000

DESCRIPTION

Positioned across 650 sq.m. of LMR zoned land, the astute purchaser is sure to delight in a multitude of opportunities on offer. The existing house presents as a three-bedroom post war home, utilise the hardwood structure and renovate or capitalise on the blocks zoning and complete an apartment/town home development. Homes in the immediate area on similar sized lots are being redeveloped into five units or 3 townhouses (subject to council approval).
Location:
• Kalinga Park land the bike/walk track are 150 meters away
• 15 minutes drive to the Central Business District
• 7 minutes drive to the Brisbane Airports
• 15 minute walk to Nundah Village (Woolworths, specialty shops, cafes and bars)
• 15 minute walk to bus and rail
• Easy access to Gateway Arterial
• Golf Courses at Virginia and Nudgee
Features:
• 650sq.m. corner block
• Development Zoning: QPP-LMR2 - LOW MEDIUM DENSITY RESIDENTIAL (2 OR 3 STOREY MIX) ZONE
• House has a hardwood frame, tiled roof and weatherboard. It appears to have hardboard internal linings
• Three generous bedrooms: one with built in robe and the master with split system air-conditioning
• Family sized kitchen with gas oven and hotplates
• Air-conditioned spacious open plan living and dining with a north east aspect
• Neat patio on the east: perfect for entertaining
• Rheem Gas 90 litre hot water unit
• Large single carport and a generous garage/shed (with power)
• Partially fenced
• Smoke alarms and safety switches in place
• Great tenant