193 Highgate Street, Coopers Plains QLD 4108

Price Guide $1,160,000

BIG VACANT CORNER BLOCK - RIPE FOR DEVELOPMENT

Truly outstanding opportunity to secure a large, 825sqm vacant block in this high yielding suburb just 14km from the Brisbane CBD and close to significant employment nodes, bus & train transportation along with major amenity and education facilities.

Occupying on a prime corner position on Highgate Street and Troughton Road in the burgeoning suburb of Coopers Plains, the double block offers incredible scope for developing either affordable accommodation for the student/shift worker market, the option to sub-divide into two freehold titles (STCA) and construct two, big and brand-new independent homes for future sale, to rent out and enjoy strong returns, or move your family in.

A multi-unit development offers the potential to earn big profits whilst creating the chance to build a landmark development in this popular neighborhood. The demand for new & quality product in this area is very high particularly given the proximity to private colleges, Griffith University Nathan campus, two hospitals (Sunnybank and QEII Hospital), QSAC stadium and being only 5 minutes from the entertainment precincts of Sunnybank. There are a high volume of tenants looking to secure shared or student style accommodation in this area.

Site attributes include:
• Corner block
• Flat and vacant
• Simple rectangular shape
• Dual frontage
• Sub-dividable (STCA)
• Wide 39.6m frontage on Highgate St
• Over 20m depth to each end
• Excellent main road exposure
• Lends itself to multiple design options for building
• GST is applicable to the sale price

Coopers Plains has seen strong upward trends in terms of land value and property prices in recent years. The neighbourhood has undergone regentrification with many new homes in surrounding streets increasing the desirability and creating a stronger community.

Be quick to enquire about this exciting proposition and learn all the facts from me today!

property can also be potential student loft accommodation or a sharehouse rental property (Subject to council approval)

also this property incurred buyer to pay GST on top of purchase price


**All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**

Property Details

• Land Area: 825 m² (approx)