Banyo Growth Stats
3 Months: 0.9%
12 Months: 2.8%
3 Years: 15.8%
5 Years: 29.4%
DA Approved for Subdivision - 2 x 304m2 Blocks
Oozing with potential, this post war home perched in the middle of one of Brisbane's fastest growing suburbs, is ideal for developers, investors or first home buyers looking to add value in the future.. Show more >
Oozing with potential, this post war home perched in the middle of one of Brisbane's fastest growing suburbs, is ideal for developers, investors or first home buyers looking to add value in the future.
It is easy to appreciate this property's possibilities:
Option 1: Keep the property as it stands and land bank, with a current rental return of $310 per week and a tenant in place until February 2021
Option 2: Demolish, subdivide and on sell one or both blocks
Option 3: Demolish, subdivide, build two dwellings and sell both
Option 4: Demolish, subdivide, and build your dream home on one block and land bank the other
Either way you are guaranteed to reap the rewards from this fantastic opportunity well into the future. This is a rare opportunity to secure a sensational parcel of real estate enjoying great development potential.
Located within the Earnshaw State College catchment area, the private St Pius V Primary School, St Joseph's Nudgee and Mary Mackillop College are a short drive away. Banyo Village plus local cafes, restaurants, and amenities are just a 300m walk away. Your commute to the city will be a breeze from Banyo Train Station, or the bus routes available on Tufnell Road.
This exciting development opportunity offers the budding developer or seasoned professional a perfect entry point into the Banyo marketplace.
A full set of DA plans and an information memorandum are available upon request.
Our sellers have given clear instructions that this property Must be sold at Auction!!!!
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes Show less