Denis Najzar

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38 Raby Road, Coorparoo

UNDER CONTRACT

4 BED | 1 BATH

Outstanding Development Opportunity with City and Story Bridge Views

Rarely do investment opportunities such as these hit the market. Positioned on a 711sqm allotment capturing full views across the city and Story Bridge, this post-war home is brimming with possibilities.

Offering outstanding potential to capitalise on a quiet suburban setting and sensational outlooks, the option exists to clear the site and build brand new luxury homes, townhouses, or apartments*.

The ideal investment or development, this versatile block is located on a split road filled with pre-1946 residences, ensuring future dwellings will be surrounded by traditional homes.

Property highlights include:

- Post-war home on 711sqm with a 32m frontage, and city and Story Bridge views

- Option to subdivide into 2 lots (311sqm and 400sqm) with city views at the rear*

- Development potential to build 2-3 brand new luxury homes, 4 townhouses or 6-8 boutique apartments with majestic city outlooks*

- Further potential to renovate/lift the existing house or landbank

- House includes a living area, study, kitchen, 4 bed, 1 bath and under home storage

- Current rental appraisal approx. $450 per week

Tucked away in a peaceful street, residents are offered a relaxed suburban lifestyle just 750m from Stones Corner Village, 1.3km from Coorparoo Square, each boasting an excellent array of cafes, restaurants, bars and supermarkets, and just 4klm from the CBD.

Ideal for modern families, renowned schooling options including Loreto, Villanova, Our Lady of Mt Carmel and Greenslopes State School are all less than 2km away. Close to bus stops, Buranda train station, SE Busway, PA and Greenslopes Hospital, and Pacific Motorway – this unique investment opportunity is not to be missed.

*Subject to Council approval

**Image outlines approximate only

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.

Interested in this property?

We invite you to experience this exceptional new property for yourself. Inspect now. Contact Denis at 0438 457 599 or use the form below.

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