Great Location, 810 sqm land, Zoning LMR2
    $ 1.7 Mil - 269 Gladstone Rd
    DUTTON PARK

    Not to miss your opportunity to purchase this property, while it's still available in Dutton Park.
    The property has endless potential, not only from the land but also from the building!
    An unbeatable beautiful 810 sqm LMD has the ability to accommodate any kind of mixture of townhouses and units up to 3 levels. (STCA)

    The land has the ability for a land subdivision to 2 x 405 sqm lots, subject to Council approval.

    Existing building has:
    - One 4 bedroom unit that has the ability for a rental return at $470/w
    - Four 1 bedroom units which have the ability for a rental return at 4 x $190/w=$760/w
    - Weekly rental income would be $1230/w, ~$64k/year, subject to unit vacancy and rent adjustment.
    - 5 bathrooms in total.

    The home is less than 3km from the city and is set in the Brisbane State High catchment.
    - Only 2km from the University of Queensland,
    - 1.5 km from PA Hospital
    - 1.5 km from the Mater Hospital
    - A short stroll to Park Road Station which will soon be Boggo Road Station Precinct - CROSS RIVER RAIL.
    - Reasonable local city council rate and water consumption cost.
    - Within a walking distance to the Brisbane river.

    To book an inspection, email listing agent - sales@rightwayrealty.com.au


    • Close to Schools
    • Close to Shops
    • Close to Transport
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    Property Summary

    Property ID: 21920150 Bedrooms: 8 Bathrooms: 5 Cars: 1

    Agent Details

    Agent Name: Michael Tran Agent Mobile:   Agent Phone: 0452 499 499 Agent Email: sales@rightwayrealty.com.au

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