THE PROPERTY DEVELOPMENT REVIEW
Unique investment and development opportunity in Central Mitchelton
520 Samford Road, Mitchelton, QLD 4053 Sitting on a large corner parcel in prime Mitchelton position, this massive 1943m 2 block is brimming with opportunity and uniquely presenting an incredible rare offering! Currently comprising of two separately titled 1197m 2 and 746m 2 blocks, there are both residential and commercial dwellings on site with numerous options available to owner occupiers, investors and developers as well as the option to buy one or buy the lot! Positioned on the corner 1197m2 corner parcel, there is currently a large commercial premises with extensive solar electricity and off-street parking. Currently tenanted for immediate return, the dwelling is a single-level structure offering large rooms of varying sizes and either roller door or pedestrian access. There is both a kitchenette and bathroom as well as undercover driveway zone. Remarkably unique in its provision of both residential and commercial offerings, there are brilliant options to purchase each lot individually or combine them for a range of options at your disposal! In addition, there are options for extended development on the combined site size (subject to council approval) and all in a location that is simply unbeatable! Across the road from sporting faculties and just a short stroll from Gaythorne RSL and train station, you are also mere minutes from Brookside Shopping Centre, Blackwood Street, numerous parkland, dining and shopping options as well as bus and rail commuting you easily to the CBD! Incredibly rare and boasting opportunity like no other, this is the one you’ve been waiting for!
Residential Offering: • 746m 2 block • Large single-level home with immaculate presentation plus option to add value • Huge layout including lounge, dining, study, rumpus and massive living room • Large kitchen including superb timber cabinetry, quality appliances and wrap-around bench • Covered patio flowing into large, fenced yard with easy-care landscaping • Three built-in bedrooms with flexible layout for those wanting to create additional • Master including walk-in robe and private ensuite • Two additional bathrooms in great condition • Separate laundry/solar electricity/air-conditioning/double garage
Commercial Offering: • 1197m 2 corner block with great street signage • Huge off-street parking with driveway coverage
• Single-level dwelling with flexible layout comprising of four differing sized rooms plus roller door and pedestrian access • Bathroom and kitchenette inside with current tenancy for immediate return. Contact: Brenton Hebrard +61 420 569 925 *approx
August / September 2023 – 91
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