This property has it all - development site + holding income + location
Mitchelton
is one of Brisbane's major centres identified to accommodate Brisbane's
forecast growth and is regarded as a high growth area.
Seller wants to move on to other projects and looking for offers.

Features Include:

- Development Site (approx. 25 units STCA) Zoned Major City Centre
- Multi- Unit Dwelling on 1067m2
- 10 Bedrooms, 2 Bathrooms, 2 kitchens
- Approximately 8 kilometres from Brisbane CBD
- Excellent Holding Income approx. $50,000 pa
- Walking distance to Brookside Shopping Centre, Blackwood Street Cafe Precinct, schools, train and city bus.
- Adjacent to Mitchelton Park and close to walking tracks.
- Close to Brisbane's north transport links to airport and city.

Profile of Mitchelton

- Mitchelton is located approximately 8 kilometres in north-west of the Brisbane central business district
-
Mitchelton is a growing suburb with many Queenslander style houses and
leafy streets. The area is quite hilly and most of the suburb is on a
north-facing slope.
- The suburb, which covers an area of 3.8sq km,
offers many sporting facilities such as the West Mitchelton Rugby League
club, squash courts, soccer club and bowling greens.
- Schools in
the area include Mitchelton State High School and State School, and Mt
Maria College. Brookside Shopping Centre, which opened in 1971 and was
one of the first retail shopping centres in Brisbane, offers residents a
choice of two large supermarkets, Myer, Target and smaller retail
chains. - See more at:
http://brisbanecity.harcourts.com.au/Property/586789/QIC141024/3-Osborne-Road#sthash.cyG1XJ9t.dpuf