56A Main Avenue,
Bardon Queensland 4065
Price: AUCTION If Not Sold Prior
6 Unit Block on 1,214m2, $78K income with Subdivision Potential
Warren Team exclusively presents this outstanding Investment and Development opportunity. Sitting on 1,214m2 of land in Bardon, this property comes with a multitude of options to get the maximum return on your money.
Residential Land is extremely hard to come by in Bardon. This 6 Unit Block allows you to have a steady cashflow income while getting your council approvals to subdivide.
- 1,214m2 of land in Bardon
- Subdivide into Single Lot Houses (Subject to Council Approval)
- Past Approval for Subdivision (2010)
- Ask us for previously submitted development plans
- Existing 6 Unit Block on site
- 5x1 Bed Units & 1x2 Bed Unit
- 8 Car Parks
- $78,520/yr Gross Annual Income*
- Situated down a private driveway
Located in one of the most prestigious suburbs in North Brisbane; Bardon is quickly becoming one of the most sought-after family areas.
The property is positioned down a private driveway on an elevated lot. It captures excellent views of the Brisbane City skyline with the added benefit of being close to an array of desirable amenities.
62-64 Main Ave - 2 House Lots
32 Harwood St - 2 House Lots
18 Ennever St - 2 House Lots
3.5kms | BRISBANE CBD
20m | Rainworth State School
150m | Bus Stop
550m | Local Shops & Amenities
750m | Mt Coot-tha Botanical Gardens
1.5km | Auchenflower Train Station
1.5km | Wesley Hospital
2kms | Toowong Shopping Village
2kms | Brisbane Boys College
2.5km | Suncorp Stadium
3kms | Mt-Coot-tha Lookout
3.5km | Queensland University of Technology
3.8km | South Bank
4.5km | University of Queensland
*Income based on fully occupied dwelling
Please contact Adam for more information, to express your interest and to register for auction.
Note: This property is being sold by auction and therefore without a price.
Buyers are encouraged to register before the auction held on Saturday the 19th of June or make an offer prior to the date.
Need help with your Development Research?
Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with consultants who are able to provide researched feedback to help you get your next project started.
With the Brisbane City council encouraging development in this area, the project developers can start planning and receive a development approval in a reasonable time frame. Once your DA application is approved by the council, the townhouses can go to market almost immediately for off-the-plan sales.
Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.