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Fantastic Development Potential on 810m2Property ID 1689069This flood free South West facing home is being offered to the market for the first time in over 50 years and the owners have given clear instructions to sell!
Brimming with development potential, the opportunities are boundless for developers or investors. Presenting the perfect combination of location and lifestyle, this highly sought after property is set over two lots on 810m2 and zoned LMDR2 (3 storeys maximum - subject to council approval).
Option 1: An excellent investment opportunity. Rent out the home and capitalize on future gains.
Option 2: Renovate or remove the existing home (STCA) and build two new homes and enjoy being centrally located in one of the most sought after positions in Oxley.
Option 3: Presenting a potential development opportunity the site is zoned Low Medium Density Residential (LMDR) - up to 3 storeys under the current Planning Scheme. The surrounding area has proved successful, with many similar blocks now being developed as new contemporary apartments or townhouses. For a savvy developer this prime site could present the ideal development opportunity! Be quick to speak with one of the local town planning firms or Council, to make sure you don't miss out.
From this superb pocket of Oxley you can walk to the train and bus, Oxley shopping village as well as primary schools and parks. Located less than 12kms to the Brisbane CBD and only a 23 minute train ride to central station, 10 Davies Street, Oxley offers a multitude of options for the astute purchaser. Strong interest is anticipated, and the property WILL be sold. The sellers want a quick and hassle free sale, so don't miss out on securing this rare opportunity.