The property is conveniently situated on Webster Road, Stafford which is just 7 km’s north of the Brisbane CBD. The property is positioned opposite Stafford State School, and is approximately 350 metres from Stafford City Shopping Centre which has tenants including Woolworths, Aldi, Big W, McDonalds and Red Rooster. The Stafford Bowls Club is also situated a short 300 metres west and the Stafford Tavern is 400 metres south from the property.
Zoning:
LMR 2 - Low Medium Density Residential (2 or 3 storey mix).
Town Planning:
The property is located within the Lutwyche Rd Corridor Neighbourhood Plan.
Land Area:
Lot 39 on Registered Plan 75511 556sq m
Lot 40 on Registered Plan 75511 744sq m
Total Area 1,300sq m
The Opportunity:
Given the sites zoning and convenient location in proximity to transport infrastructure and retail and lifestyle amenity the site is ideally suited to residential development.
There is potential for holding income from the existing house and we would expect the property would achieve approximately $18,200 per annum gross equivalent to $350 per week.
