Here is an excellent opportunity to jump into a fantastic investment/development opportunity that is located within the high growth suburb of Bellbird Park! An approved DA is in place to turn 2 lots (218 Redbank Plains Road & 4 Morgan Street) into 4 lots - leaving 2 300M blocks of land. Other development opportunities may exist for these properties, subject to Ipswich Council. 4 Morgan Street is listed separately at Offers Over $349,000 - photos and access will be available for 4 Morgan St shortly. These properties can be purchased together or separately.
The existing property would make for a great rental property OR somewhere to live while you tackle the approved development application on the property. Consisting of 3 good size bedrooms, all with ceiling fans and security screens, modern kitchen with all the appliances, dining area and an air-conditioned lounge room. There is a quiet and private entertaining area at the back of the property, a single carport and a double shed. To top it off, it all sits on a 1,495m2 block of land (zone RL02 - dual occupancy) - this could be suitable for someone that just needs a bit of space for cars/equipment to be stored.
Bellbird Park and Redbank Plains have always been solid suburbs - in the last few years both of these suburbs have undergone significant development and expansion, with much more planned in the future. They're located within walking distance to just about everything, schools, shops, medical, day care - the list goes on!
In brief:
:: 3 bedrooms with fans and security screens
:: Air con to the lounge room
:: Separate dining area off the modern kitchen
:: Covered entertaining area out the back
:: Covered area off the front door
:: Modern family bathroom
:: Single carport, Double shed
:: Rental Appraised @ $410 p/wk
:: 1,495m2 block zoned RL02
:: Established lawns and gardens
:: Dual street frontage, access from Marlborough Street
:: Huge front & back yards
:: Walk to everything in well serviced area
:: Bus stop within walking distance
:: Approved DA - 2 lots into 4
With 4 Morgan Street:
:: Addition of 4 Morgan St gives Tri street frontage
:: Total of 2,256m2 land zoned RL02
:: Across the road from RM02 townhouses
:: Rental Return of $320 p/wk until March 2022
:: Rent Appraised @ $340-$350 p/wk
:: Recommend chatting to ICC/Town Planner regarding all development info
** This property will be sold using the Market Buy system - all information & registration will be provided by the agent.
Disclaimer: Whilst all care has been taken in preparation, no responsibility is accepted for the accuracy of the information contained herein. All information (including but not limited to the property area, floor size, price, address & general property description) within this advertisement is provided as a convenience to you, and has been provided to Ipswich Real Estate Pty Ltd by third parties. Interested persons are advised to make their own enquiries, seek legal advice and satisfy themselves in all respects.
Ipswich Real Estate Pty Ltd does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained within this advertisement.