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15 Bernice Ave, Underwood QLD 4119

$1,295,000
4
2
2
Description

Land Bank For Future Development or Build a 6 Storey Apartment Block

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Agent Details
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Marios Economou

We are pleased to offer to the market an outstanding mixed-use residential development site opportunity with Development.

This site offers 15 apartments with a mix of 2, 3 and 4-bedroom apartments.

House:
. 4 bedroom home
. 2 bathrooms
. 2 Garage

Current rental appraisal – $750 – $850 per week

Key features include:
• Land Area – 809m²*
• Medium Density Residential Zone
• DA for 15 apartments, five of 2, 3 and 4 bedrooms
• 5 Storey* Height Limit offering northerly views
• Permitted uses include Multiple Dwelling, Motel, Aged Care, Retirement
• Fully serviced level site
• Easy access to Pacific Motorway and other major arterial roads
• Within close proximity to parks, reserves, library, gyms, 50m swimming pool and within the Springwood Road State School and Springwood High School catchments.
• 12 minute walk to Springwood’s Busway Terminal, ideal for city commuters
• 20 minute drive to Brisbane CBD and 50 minutes to Surfers Paradise
• 10 minute drive to Garden City Shopping Centre and less than 1 km to multiple shopping precincts
• 15 minute drive to growing Health and Medical Precinct with expected $550 Million in planned investment, an ideal investment for hospital workers, patients and NDIS investors
• $18.9 Billion planned Infrastructure investment in the regional area

For more information, please contact Mario Economou on 0421 236 859

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