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2. Property Highlights

Approved Development site for 8 luxury town houses

Harry Imam and the Hugo Alexander Property Group is pleased to offer a premium medium density residential land site approved for eight large 200sqm town houses. Brisbane City Council quiet street locations with approved designs are opportunities that rarely come for sale.

Chermside is an inner northern suburb of Brisbane 9-9.8km from the City, with above average affluence and property prices. The area has exceptional parklands, a thriving retail and commercial strip anchored by Westfield, Prince Charles Hospital is a major employment centre within 200 metres.

Please review the opportunity carefully and submit your most competitive offer by
4PM WEDNESDAY December 14

Please contact the agent for a copy of the Information Memorandum (IM) and property files.

49 - 53 Davenport Street, Chermside

Site access: Safe to inspect and walk unattended.

Site Parameters:
1215sqm Medium Density Residential Zone
2 lots, 30m frontage, 40m deep, shallow diagonal slope from RL26+ to RL29.5+, 1:11 grade

Development Approval: DA - PA Material Change of Use - Development permit
Multiple Dwellings (8 Units)
Made 31 May 2022
Approved 7th October 2022
Permit Reference DAMC422 956 222
For further treatment refer to IM

Holding income:
House Leased $260 per week, $13,585 pa gross
Lease term ends 3/6/22 Now periodical

Out goings detailed break down in IM

Expressions of interest campaign closes 4PM Wednesday December 14
Please review the opportunity carefully and submit your most competitive offer by the closing time.
Harry Imam
0403 180 092

Remember to mention you found this property on DevelopmentReady

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4. Property Location

49 Davenport Street, Chermside, QLD, 4032

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5. Due Diligence

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49 Davenport Street, Chermside, QLD, 4032 Chermside