306 Newnham Road

Upper Mount Gravatt QLD 4122

- Level land size of 607sqm with 15m frontage and in excess of 40m depth.
- Easy rectangular shape with no easements
- Public side pathway on one side of the block provides good separation from neighbours
- Subdivision will provide two low maintenance blocks of 303sqm & 304sqm
- Neat and manageable to suit a narrow-style modern two-storey home
- Super convenient location with bus stops and local shops in walking distance
- Massive future rental prospects with strong tenant demand
- Brand new product is highly desirable and likely to attract a premium giving you high ROI
- Part of a booming pocket of Upper Mt Gravatt
- Minutes drive to motorways; Westfield shopping centre, recreational hubs & employment nodes - Inside Wishart primary catchment and Mansfield SHS, walk to St Catherine's primary - 20 minutes to Brisbane CBD; 15 minutes to Airport; 45 minutes to Gold Coast

This property come with a very rentable 3 bedroom home that is presented in great condition. This assures you of a handsome rental income while you get your building plans finalised and approved.

Solid brick and tile, this cute home is a great base for a small family or couples sharing. It includes a neatly fenced garden with front porch and secure side carport parking plus a huge backyard. Inside has a modern feel with spacious lounge room with timber laminate floors. A separate dining and kitchen facility that has air-conditioning and fans. The kitchen includes decent appliances with fitted timber & laminex cabinetry and high counter tops. Large laundry room, three bedrooms (two with robes) and a central bathroom that is neatly appointed and has an adjoining toilet.

This home has an expected weekly rent of $385 p.w and given the convenience to bus stops, local shops & services, the close proximity to large-scale amenity like Westfield Garden City and being in the Wishart Primary catchment, is a virtual guarantee of tenant demand, that's bound to escalate should one of the new homes become available to rent.

This is a sensational acquisition for an astute builder or independent party to secure. The potential to turn a profit is very high with the right approach and a savvy design to suit either the rental or first home buyer's market.

Take a closer look and attend the next open home or book a inspection time with me today.