33-35 Gallway Street Windsor Qld 4030


1215m2 High density development site
Situated about 3 kilometres from the city centre this rare large site offers you the opportunity to develop and make a profit.

Under
the Lutwyche Road Corridor Neighbourhood Plan, you can have a maximum
floor area of 1.5 times the site size, resulting in1,821m2 of possible
gross floor area. This can spread over 5 floors to a maximum height of
16 metres, subject to council approvals.

This is a demand area
for properties with staff from the Royal Brisbane Hospital ( less than 1
kilometre away) preferring to walk or cycle to work.

Perfectly
positioned so owner occupiers and renters can easily commute to work
using either the many kilometres of bikeways from Mann Park or a short
walk to the bus stop.

Presently there are 2 houses spread over 3 allotments.

Rental returns are currently $480 a week for number 33 , number 35 should return about $450 a week.

 
Property Snapshot

Property Type:
House
Construction:
Weatherboard
Features:
Close to Transport
Dining Room
Lounge