Welcome to 296 Turton Street, also known as 42 Troughton Road, Sunnybank-an exceptional medium-density development site with vast potential in one of Brisbane's most desirable locations. This large 809m² corner block with dual street access and over 60m of frontage offers a rare opportunity for developers or investors to capitalize on its prime position and versatile potential. Development Potential: The property was previously DA approved for a 4-story development comprising 16 units, showcasing its suitability for medium-density residential projects. However, this is just one option. The site offers other potential configurations and possibilities for various development styles, providing flexibility for developers to adapt to market demands and capitalize on this prime location. Current Rental Income: Currently, the property features a 3-bedroom home, which is tenanted, providing immediate rental income while you finalize your development plans or hold the property for future appreciation. Location, Location, Location: - Central Sunnybank: Positioned in the heart of Sunnybank's central shopping and commercial precinct, this location ensures high visibility and easy accessibility. - Convenient Amenities: A short drive to major shopping centers, dining options, hospitals, and Griffith University, making it an ideal location for future residents. - Excellent Transport Links: Close proximity to public transport, including Banoon Train Station, provides seamless connectivity to Brisbane CBD and surrounding areas. Investment Highlights: - Large Corner Block: 809m² with dual street access and 60m frontage, offering excellent development flexibility. - High Demand Area: Sunnybank is one of Brisbane's most in-demand suburbs, ensuring strong future growth and property value appreciation. - Versatile Development Options: Potential to create a modern, high-density residential complex tailored to market needs. Endless Possibilities Await: Don't miss out on securing this prime piece of real estate in Sunnybank. Whether you're looking to develop immediately or hold the land for future opportunities, 296 Turton Street offers unparalleled potential in a highly desirable location. Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Email enquiry to Ray White - ROCHEDALE
Property ID: 146298492