36 Attewell Street, Nundah QLD 4012

AUD 775,000
For Sale

Property Details

Bedrooms

7

Bathrooms

6

Property Type

Block of Units

Description

Property Details: • Type: Block of Units

• Bedrooms: 7 • Bathrooms: 6

Description: Welcome to Units 1 - 5, 36 Attewell Street, Nundah - Income-Producing Development Site The Rare Triple-Threat: Held as long-term investment by one owner, rarely does a landholding of this scale surface in Nundah's most strategic pocket. Comprising five individually strata-titled units on a significant 900m², this is a "set and forget" land bank with the teeth of a high-yield development project. The Numbers That Matter: • Immediate Yield - Circa $110,000 p.a. gross income. • The Site - 900m² of premium land • The Flexibility - 5 existing strata titles. Buy one, buy all, or develop the lot. • A Solid Platform for Growth - Nundah units remain in demand and vacancy sits near record lows. Current Composition: • Unit 1: 3 Bedroom 2 Bathroom 1 Car • Units 2 - 5: 1 Bedroom 1 Bathroom 1 Car As a priority suburb in the "More Homes, Sooner" initiative, Nundah's planning landscape has shifted. This site is no longer just a block of flats; it's a high-density canvas. Four Pathways to Profit: • Develop and unlock the new LMR uplift. Push to 3 - 4 storeys and optimise dwelling count (STCA). • Renovate and reset. Modernise the 1970s build to capture the surging "missing middle" rental demand. • Staged Exit. De-risk by selling individual units into a strong owner-occupier market. • Land Bank. Let the $110k income carry your holding costs while Brisbane continues to grow Location: The Nundah Lifestyle Core Walk to the Village, train to the CBD, or drive to the Airport in 10 minutes. Attewell Street offers the quiet, leafy appeal that tenants crave and developers bank on. • Walking distance to Nundah & Toombul Stations. • Connectivity. 9km to Brisbane CBD | 10 mins to Airport. • Zoning: Suburban Renewal Precinct - Priority Growth Area. Stop searching for the right time. The planning is done, the income is set, and the site is ready. 36 Attewell Street is offered For Sale Now as a whole-of-block parcel. Individual unit enquiries are also welcomed separately. To receive additional information, arrange an inspection, or discuss the opportunity in confidence, contact the team today.

Location

Address

36 Attewell Street, Nundah QLD 4012

City

Nundah

Features and Finishes

None

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