A brilliant investment any way you look at this, Land bank them for future investment or develop now and reap the huge financial gain. Suited perfectly to a group of investors or a builder looking for their next project. With the preliminary drawings proposing 32 units, being 22 x 3 bedroom apartments and 10 x 2 bedroom apartments and with a possibility of a 6th story (due to surrounding buildings) you will be able to add 6 more units to the complex.
Being situated just 8.75ks from Brisbane City in amenity filled Mount Gravatt East, and only 2ks from Garden City, this is an opportunity to invest wisely to see immense financial gain now or in the future, sitting in a high growth, high populous area with great rent yields and incredible capital gains.
The neighbours have joined forces to make this a possibility, sites this size are rarely available at this price point. These sellers are seriously committed to selling and to take advantage of the gross floor area available for a development then this would be best purchased as a whole parcel.
26 Lauder St Mt Gravatt East 817m2 @ $995,000 negotiable
30 Lauder St Mt Gravatt East 620m2 @ All offers over $685,000 seriously considered.
Please note these Homes are available separately however to take advantage of development heights and gross floor area Buying both would be wise for all invested.
Preliminary drawings are available on request.
Close to Transport
Close to Shops
Close to Schools