15 Beelarong Street, Morningside QLD 4170

Auction Location: On-Site. Set across an outstanding 4,047m2 of land, zoned low density residential, this is a rare offering not to be missed. With the potential for subdivision (STCA), we welcome all developers to explore its untapped potential with either several smaller, or, larger lot new homes. If development is not your interest but you are looking for your own inner-city oasis this is the perfect opportunity for you. Utilise the existing bones of the current home to renovate and newly extend, or, knock down and start again. Property details: Land size 4,047m2 Frontage 40.1m – Length 101.5m – Rear width 39.9m LDR Zoning (Low density residential land – Maximum height 9.5M above natural ground height) Potential to subdivide into 7 Lots 3 x 400m2 parcels & 4 x 600m2 parcels (Subject to council approval) Rental returns of $460 per week, expiring on 1st February 2020 Rates approx. $4,063.96 per annum, excluding water and sewerage This address will appeal to a variety of demographics and is surrounded by parks, local eateries and various public transport options. A short walk will take you to Balmoral State High School or Cannon Hill Anglican College, while Morningside State School is also within easy distance. Commuters will appreciate the easy access to various arterial roads, allowing for quick access to the CBD. For the weekend, enjoy a plethora of cafés in the nearby Bulimba and Hawthorne precincts. The existing residence is furnished with timber laminate floors, high ceilings and a spacious open floor plan. Well-appointed, the Pullman's style kitchen benefits from a four-burner gas cooktop and an integrated dishwasher. The sizable second living area is also ideally suited to a fourth bedroom. A dream prospect in the heart of a growing and sought-after suburb, this 4,047m2 opportunity will not last long. Disclaimer This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.