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House
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for sale
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MEDIUM DENSITY GOLD SPLIT IT, BUILD FIVE TOWNHOUSES, OR RENT IT AND WAIT
North Booval
· 2 Bedrooms · 1 Bath · House
North Booval · 2 Bedrooms · 1 Bath · House
Property Details at a Glance: - Built In 1952 - Zoned Medium Density - 112m² Home on 1,013m² Block - Council Rates - $743.25/Quarter - Water Rates - $207.08/ Plus Consumption - Rental Appraisal $470- $490/ Per Week Medium Density Zoned Holding in North Booval - Split Into Two or Build Up to Five Townhouses, Subject to Council Approval A genuine developer and investor play in one of Ipswich's most convenient inner suburbs. This classic low set weatherboard home sits on a medium density zoned parcel with wide side access and a broad frontage, offering three clear paths forward: subdivide into two separate blocks, pursue a multi dwelling townhouse development of up to five dwellings, or simply land bank and rent while the surrounding area continues to gentrify. All development outcomes are indicative only and remain subject to Ipswich City Council approval. The opportunity here is in the zoning. Medium density residential zoning is what allows the site to be considered for a two lot split
Property Details at a Glance: - Built In 1952 - Zoned Medium Density - 112m² Home on 1,013m² Block - Council Rates - $743.25/Quarter - Water Rates - $207.08/ Plus Consumption - Rental Appraisal $470- $490/ Per Week Medium Density Zoned Holding in North Booval - Split Into Two or Build Up to Five Townhouses, Subject to Council Approval A genuine developer and investor play in one of Ipswich's most convenient inner suburbs. This classic low set weatherboard home sits on a medium density zoned parcel with wide side access and a broad frontage, offering three clear paths forward: subdivide into two separate blocks, pursue a multi dwelling townhouse development of up to five dwellings, or simply land bank and rent while the surrounding area continues to gentrify. All development outcomes are indicative only and remain subject to Ipswich City Council approval. The opportunity here is in the zoning. Medium density residential zoning is what allows the site to be considered for a two lot split
Request Details