It's not often a development opportunity like this one arises, so close to the city. Situated in a family-friendly Kedron Street, this 810m2 is already on two titles, which saves you a considerable amount of money. Rent now and land bank for future development. You can rent (or move into) the existing house out while pondering your next steps or demolish and build two new homes.
The house is a cheerful 1950-built post-war classic, with two bedrooms, two sunrooms, and a living room. Basic but totally functional, the kitchen and bathroom (and indeed the whole house) need nothing done for tenants to move in.
This excellent flat block should make for a straightforward build, with no hassles around imposing trees, steep slopes, or narrow streets.
Kedron is a highly sought-after suburb for families looking for a great schooling and sporting community. It is close to shopping mecca, Westfield Chermside, and permits straightforward access to the Airport Link tunnel system and the Bruce Highway to the Sunshine Coast.
Build a new home and benefit from a secondary income or keep the land parcel as is and create a large DREAM home. The possibilities are endless.
At just 8km from the CBD, this is a spectacular opportunity to make your own mark in inner suburban Kedron.
To inspect this compelling property, contact Toni Malaquin today on 0432 275 410.
Features you'll love:
? 2 bed, 1 bath
? 810m2 (2 x 405m2)
? Tidy post-war home
? 8km from CBD
? Fabulous development opportunity - already on 2 titles
? Rent out now, land bank for future development
Existing house:
? 2 bed, 1 bath
? Kitchen: dual bowl sink, gas stove/griller/oven, microwave shelf, plenty of storage
? 2 x bedrooms
? 2 x sunrooms
? Living room
? Bathroom: shower-over-bathtub, toilet, vanity
? Additional toilet
? Garage under + lots of storage/multipurpose area
? Security bars on windows
? Fully fenced yard
Location:
? State school catchment: Wavell Heights SS and Wavell SHS
? Also handy to Catholic schools precinct: St Anthony's, Padua, Mt Alvernia
? Close to Airport Link tunnel system
? Walk to parks
? 1km to Coles Kedron, KFC, Hungry Jacks, and other takeaways
? 1.5km from Westfield Chermside
? Handy to bus stops
? Short drive to Prince Charles and St Vincent's hospitals
If this property is not sold by the 14th September 2023 it will be going to Auction from 4:00pm on the 14th September 2023 at the Harcourts Stafford office at 217 Stafford Rd, Stafford and will also be live streamed with phone bidding allowed. The owners will consider all offers prior to Auction, so get your offers in before time runs out!
Disclaimer:
This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering.
The size of Kedron is approximately 3.5 square kilometres. It has 6 parks covering nearly 6.8% of total area. The population of Kedron in 2011 was 8,593 people. By 2016 the population was 9,335 showing a population growth of 8.6% in the area during that time. The predominant age group in Kedron is 20-29 years. Households in Kedron are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kedron work in a professional occupation. In 2011, 56.4% of the homes in Kedron were owner-occupied compared with 53.5% in 2016.
Kedron has 4,839 properties. Over the last 5 years, Houses in Kedron have seen a 85.29% increase in median value, while Units have seen a 69.81% increase. As at 31 July 2024:
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