DA Approved Architectural Plans - 6 Dwellings on 1,361m2. Opportunities like this are seldom found, and there has never been a better time to buy. This inner city townhouse development site is an exciting opportunity to capitalise now! It is easy to appreciate this property's possibilities: Option 1: Live in or rent the existing house and land bank. Option 2: Renovate the existing house and build a further five dwellings. Either way you are guaranteed to reap the rewards from this fantastic opportunity well into the future. Property features at a glance: - Total of 1,361m2 of land - Existing Queenslander with 3 bedroom + sunroom, 1 bathroom, single carport - Loads of off street parking. - Fully fenced - House currently leased till 7th August 2021 @ $495 per week - Fully approved DA plans for 6 dwellings (5 townhouses and existing freestanding house) Developers and investors look no further! East Brisbane is an excellent inner city location, within 3kms to CBD, offering minimal commuting times to the city and with bus stop at your doorstep, you can leave the car at home! Walk to the iconic Gabba Cricket Ground, a fabulous array of restaurants, cafes, wine bars and within a short walking distance to Churchie Boys Anglican College. Also within close proximity is a host of Brisbane's best private schools and hospitals, plus immediate access to Brisbane Airport and local amenities via Clem 7 Tunnel. Make no mistake, this property is perfect for those with an exceptional vision for the bigger picture. Again, don't miss out on this exciting development opportunity, just a heartbeat away from the CBD. Approved plans are for 4 x 3 bedroom townhouses, 1 x 2 bedroom townhouse and existing freestanding house. Complete information memorandum will be made available to all genuine buyers upon request. To re-iterate - this property needs to be sold and we have been given clear instructions to present all serious offers!!!