229 Persse Road

Runcorn QLD 4113

Development Highlights:
This impressive project comprises 18 townhouses, each featuring 4 bedrooms, 2.5 bathrooms, and ample parking space for 2 vehicles. Additionally, there are 6 townhouses, thoughtfully designed with 3 bedrooms, 2.5 bathrooms, and the same parking capacity.

Holding Income:
At present, the property generates a steady holding income. The existing 5-bedroom, 2-bathroom, 2-car brick home on the premises can be effortlessly removed, presenting a blank canvas for astute developers.

Development Potential:
This property offers an expedited development timeline, with the potential to commence construction immediately on 18 four-bedroom townhouses and 6 three-bedroom townhouses. The seller is willing to assist in obtaining Building Approval (BA), streamlining the process for prospective investors.

Location:
Situated approximately 18.6 kilometers from the city, this property offers a seamless connection to urban amenities and conveniences. Accessible transportation options, including a nearby bus station and train station, make commuting a breeze.

For shopping enthusiasts, the property enjoys proximity to several shopping centers, such as Sunnybank Hills Shopping District, Warrigal Shopping Centre, and Market Square, providing a diverse array of retail and dining options.

Families with school-age children will appreciate the educational institutions in the vicinity, including kindergartens, Runcorn High School, and Warrigal Primary School.

Please be advised that the provided information is based on the details available at the time of this listing. Prospective buyers and developers are urged to conduct thorough due diligence and contact the listed agents to obtain the most accurate and up-to-date information regarding this exceptional property investment. Don't miss this exclusive opportunity to shape the future of Runcorn's real estate landscape.