Zoned LMR2 these two blocks total 1396m2 with the opportunity to go at least two storys high for units / townhouses. Builders, Developers & investor clubs take steed: There are two separate blocks: 9 Annear St Acacia Ridge - Offers over $419,000 9 Foote St, Acacia Ridge - Offers over $399,000 Buy 1 block or buy both. They are owned by separate people. 9 Annear St has a rental capacity of approx. $370 per week; maybe more. You could purchase this block and rent it whilst the value of land you can develop on becomes higher and higher. 14km from the city, very close to public transport and a school directly across the road makes this an astute opportunity. Some surrounding houses in Acacia Ridge have already been developed taking the cost out of feasibility. With the purchase of these blocks we even have an architect who has done some of your homework and can connect you to him. There is potential to build 10 to 12 units (2 bedroom / 2 bathroom units) - however we are real estate agents not architects, so we can connect you to an architect for further discussions. You might want to build a couple of one-bedroom units or townhouses instead. You could rent out the houses whilst waiting for the relevant council approvals. Either way these blocks represent great profit margin for someone! There is also the airport not far away with talks of a major upgrade in years to come. Accommodation near Brisbane Airport is very sought after and with Australia high on many people's 'to see' list. Do your own research on Acacia Ridge and you'll see the potential. Will it be sought after because it is less than 15km from the city? Will the airport become a major hub with future development over the coming years? Is Acacia Ridge under-priced compared to suburbs next to it like Coopers Plains and Salisbury? What does a unit 14km from Sydney or Melbourne CBD cost? Anybody got a calculator? This suburb's "747 Boeing" has is about to take off - don't miss the next flight! Call Loc Troung on 0424 930 155 or Matty Bell on 0424 730 828 to arrange a private viewing or discuss further.