567 Newnham Road, UPPER MOUNT GRAVATT QLD 4122

698m2 Development Opportunity in High-Density Zone

Details

Beds: 6 Baths: 4 Car Park: 4
Land area: 698m2
$749,000
21476582

Description

Priced to sell, you wouldn’t want to miss this investment opportunity in the great LOCATION in Upper Mt Gravatt.

Located;
– 2 minutes from the Pacific Motorway
– 6 mins from the Gateway Motorway
– 600 meters to Westfield Garden City
– 7 minute drive to Griffith University Mount Gravatt Campus
– 6 minute drive to Griffith University Nathan Campus

The existing property is also a great investment for student accommodation, currently returning $910 per week at full capacity. This is an excellent return on your money whilst holding the property or waiting for DA approvals.

Features:
• 6 Bedrooms
• 4 Bathrooms
• Huge block, high potential
• Enormous 6.6Kw Solar System
•current rent income $1040 Per week
• Double carport
• Very sought after location
• Close to Westfield Garden City, Palmdale, and Mount Gravatt Plaza
• Easy access to Pacific and Gateway Motorways

Council rates $524.72 per quarter

Contact today for more information or to organise an inspection.

Location

Agent

Tom Murphy
Tom Murphy (Director / Principal / Sales) P.0401 312 116 Email Agent

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