Prime LMR Opportunity - 678m² Allotment

Attention investors and developers! Positioned on a level 678m² LMR2 allotment (Low-Medium Residential - 2-3 storey mix), this well-maintained post-war home offers endless potential for redevelopment, land banking, or continued rental income.
The existing residence is structurally solid and currently tenanted, providing holding income while you plan your next move. Inside, the home features three generous bedrooms (two with built-ins), a functional gas kitchen flowing into the open-plan living and dining area, and French doors that open to the front patio with a leafy outlook.
Downstairs offers a double garage, laundry, and an abundance of secure storage space.
Key features:
• 678m² flat, fully fenced allotment
• LMR2 zoning - redevelopment potential (STCA)
• Stable tenants in place
• Hardwood floors & ceiling fans
• Expansive backyard
• Water tank

Location highlights:

• Walk to Acacia Ridge State School & Lady Fatima Primary
• Stroll to Elizabeth Street shops and Acacia Marketplace
• Close to bus routes servicing Brisbane CBD, Garden City & Inala Plaza
• This is a rare chance to secure a flat LMR site with holding income in one of Brisbane's growth suburbs.

Explore the area

School catchments

Watson Road State School Primary Prep-6 Government 0.74km
Aboriginal & Islander Independent Community School Combined Prep-12 Independent 1.1km
Our Lady of Fatima Primary School Primary Prep-6 Catholic 1.4km
Acacia Ridge State School Primary Prep-6 Government 1.6km
Algester State School Primary Prep-6 Government 2.8km
St Stephen's School Primary Prep-6 Catholic 3.0km
Coopers Plains State School Primary Prep-6 Government 3.0km
St Thomas More College Secondary 7-12 Catholic 3.1km
Sunnybank Hills State School Primary Prep-6 Government 3.1km
Sunnybank State School Primary Prep-6 Government 3.2km
Wisdom College Combined Prep-12 Independent 3.5km
Runcorn State School Primary Prep-6 Government 3.7km
Australian International Islamic College Combined Prep-12 Independent 3.7km
Sunnybank State High School Secondary 7-12 Government 3.8km
Our Lady of Lourdes Primary School Primary Prep-6 Catholic 3.8km
Brisbane Christian College Combined Prep-12 Independent 3.9km
St Pius X School Primary Prep-6 Catholic 4.0km
Calamvale Community College Combined Prep-12 Government 4.2km
Glenala State High School Secondary 7-12 Government 4.5km
Brisbane Christian College - Fairlie Terrace Campus Combined Independent 4.6km
The BUSY School - Salisbury Campus Secondary Independent 4.9km
Runcorn State High School Secondary 7-12 Government 5.2km
MacGregor State High School Secondary 7-12 Government 5.8km
Stretton State College Combined Prep-12 Government 6.1km
St John's Anglican College Secondary Prep-12 Independent 6.2km
St Aidan's Anglican Girls School - Thalia Court Campus Combined Independent 6.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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