An extraordinary opportunity has surfaced in the thriving, sought-after suburb of Lower Vogeltown, perfect for a visionary investor or developer.
This expansive development site, fully consented for a 5-lot subdivision, is ready for you to bring your project to life.
With all plans in place, you can hit the ground running. Currently, the property features 3 x 1 bedroom self-contained units and a 3 bedroom house, across 2 titles, delivering a strong rental return of $68,000 per annum offering immediate cash flow while you plan your next move.
Set in a high-demand location, this site promises not only immediate returns but huge future potential. Whether you’re looking to develop right away or hold and build your portfolio, this is your chance to secure a rare gem in one of the city’s hottest neighbourhoods.
Expressions of Interest Over $1,150,000
Superb location.
Excellent potential.
Subdivision complete.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.66 km | 2 | 1 | 90m2 | Year 2024 Month 12 Day 17 | $650,000 | Council approved | |
 | 0.71 km | 4 | 2 | 140m2 | Year 2024 Month 12 Day 02 | - | Council approved | |
 | 0.34 km | 2 | 1 | 100m2 | Year 2024 Month 11 Day 21 | - | Council approved | |
 | 0.56 km | 3 | 1 | 195m2 | Year 2024 Month 09 Day 12 | - | Council approved | |
 | 0.59 km | 2 | 1 | 90m2 | Year 2024 Month 09 Day 09 | - | Council approved |