281-283 ZIllmere Road ZILLMERE QLD 4034
Price Upon Application

DESCRIPTION

TWO separate homes on ONE title! And in total a land holding of 1280m2 with a 32m frontage! If you have been waiting for the right opportunity you're search ends here. . .

. . . we have the DA! Development Application approved for 10 apartments(6 with three bedrooms & 4 with two bedrooms) and underground car parking for 17 cars.

This rare find in Zillmere is located just 14km north from Brisbane CBD & Brisbane airport, only 3.5km from Westfield Chermside shopping center - Australia's 2nd largest, and a short 10 minute stroll to either Zillmere or Geebung train stations. Local schools include renowned St Josephs Nudgee College and Zillmere state school.

A prime location also opposite O'Callaghan Park and Zillmere sports grounds including North Star football club, Zillmere Eagles AFC Junior club and Zillmere PCYC.
- Both homes consist of two bedrooms, one bathroom and one car lock up.
- One home is currently leased for $320pw, the other is currently undergoing renovations and is expected to rent for $390 per week.
- Land bank with dual rental income or start developing with DA(100%) and BA(80%)
- DA is for 10 apartments with underground car parking

Attention developers, investors and JV partners, the numbers are compelling and the excellent returns are on the horizon, there isn't a lot more that you need to do to realize this lucrative opportunity. Now the time to act with first home buyers still able to get the first home buyers grant & boost to $20,000.

For the DA plans, sales and rental appraisals, price guide and more, call text or email Bipin and Sean from Ray White today!

Owner's circumstances are such that this DA approved property must be sold. Any best offer will be submitted.