Calling to all developers/ investors, an opportunity has arisen to secure this MDR land of 1,404m2 that could be approved for 30 to 35 units on 5 story high.
2 houses have 5 rooms each are rented at a low $110 each per week total return is $1,100pw to students for nearby Griffith University.
The low rent can be increased 10% easily, the 2 houses are for sale together, get your own approval later and the value will increase dramatically,
Coopers Plains train station and shops are in a walking distance and will offer end buyers great convenience and access to all amenities.
Realistically priced at $ 1.5m ono