Sold
+ 4

28 Clarendon Street, Hyde Park

SOLD for $320,000

2 1 1 1,012 m2

Development Potential - Two Lots on Two Titles

Attention developers, renovators and builders! This quarter acre property has two separate 506sqm titles with street access to the front and potential laneway access to the rear STCA. Keep one and sell the other or develop both and increase your profit.

With an existing highset Queenslander house on one lot and vacant land on the second lot. Free from underground infrastructure, this block is ready to go.

Existing Queenslander:
- Two bedroom plus sleepout to front.
- Central lounge with traditional tongue and groove panelling.
- Walk in kitchen is original but in great condition.
- Single bathroom with toilet.
- Underneath has ample room for storage and single car parking.
- Large rear yard.
- Fixed lease in place until 22 Nov 14 for $270 per week.

There are so many possibilities for this block. With the existing house ideally set on its own lot you explore:
- Developing the entire block.
- Developing the vacant lot.
- Subdividing further into different lot configurations.
- Hold as a future land bank.

Properties this close to the CBD are a sought after commodity. You are only limited by your imagination as the equity making opportunities are endless.

Details

Address 28 Clarendon Street, Hyde Park
Price SOLD for $320,000
Property Type Residential
Property ID 1850
Category House
Land Area 1,012 m2

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Kym Patterson

0423 569 767

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