79 Fegen Drive, MOOROOKA QLD 4105

Sold $645,000

1051m2 block - Great First Home or potential splitter block?

A quaint home on a sub-dividable (subject to council approval) lot in an excellent growth location less than eight kilometres south of the CBD.
Whether you’re looking for an affordable home with a development twist, or an immediate cash flow investment, this property is for you.
Situated on a massive allotment, the dwelling is a solid three-bedroom plus sleep-out home (unable to be demolished) that’s been a steady income earner for its owner, and is on the market for the first time in 20 years. Rental appraisal at $380 per week.

The site has subdivision potential (STCA). You can tackle the project now or land bank into the future. Survey plans and planning advice based on a pre-lodgement Brisbane City Council meeting are available to buyers.

The owners are regretfully selling up to start their own project, so your chance to jump on an extraordinary opportunity is here and waiting.

In a quiet street close to buses, schools, shops and parks.

For more information and to register your interest, please contact Russell Matthews on 0417 882 180.

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