34 Elystan Road, New Farm, QLD, 4005

NEW FARM'S GREATEST LAND OPPORTUNITY

Claim ownership of this exclusive tightly-held New Farm property, which has been held by the same family for more than 20 years. In a prized location, character homes surround and Moreton bay figs frame the quiet streetscape of this 1011m2 block. Benefiting from its 20.1m frontage the level site provides a myriad of options to the astute buyer with plenty of scope for a variety of designs. Build your dream home, develop or split, this property is sure to meet the needs of your next project.

With only footsteps to New Farm park and within walking distance to all that New Farm and its desired cosmopolitan lifestyle has to offer, this site is sure to be popular with buyers and investors alike.

This property presents an exceptional value proposition to secure a strong investment site with scope to expand in one of Brisbane's most exclusive inner-city suburbs. A vast array of development options is a lucrative enticement for buyers. Professional town planners have identified a number of potential development scenarios. Take advantage as no development approval is required to remove this dwelling. So bring your architect and town planner to what is one of Queensland's most sought-after land opportunities.

This versatile offering poses a number of options not limited to;

• 1,011m2 block with potential to split (STCA)
• Bring your architect and build your dream home
• Multi Residential development opportunities available (STCA)
• DA not required to remove existing dwellings
• 3 x 2 bed, 2 bath and 1 car townhomes currently returning $1460pw
• Quiet tree-lined street only footsteps to New Farm Park
• 10 minute walk to Howard Smith Wharves and 15 minute walk to CBD via Riverwalk

* Please note, there is currently a dwelling on-site, with demolition approval.

Remember to mention you found this property on DevelopmentReady