74 Brisbane Road presents a rare and compelling development opportunity, boasting exceptional exposure to a daily average of 45,000 vehicles. This strategic corner location, with direct frontage to both Brisbane Road and Government Road, offers unparalleled visibility and accessibility. The property's substantial 650m² land area, zoned "Medium Density" RD3, unlocks immense flexibility for a diverse range of commercial and mixed-use developments, making it a highly sought-after investment.
Property Overview:
This unique corner site offers a compelling blend of commercial and residential possibilities, providing significant income potential and future development options. The existing duplex offers a versatile layout:
Ground Floor:
Originally designed as a spacious 1-bedroom residence with separate living and dining areas, plus a double garage.
Currently utilised as a high-visibility commercial space, ideal for attracting passing trade on Brisbane Road.
Offers the potential for conversion back to a comfortable 1-bedroom apartment or a 2-bedroom unit by utilising existing space (subject to council approvals).
The double garage, currently a workshop, provides ample storage or further conversion potential.
First Floor:
Features a spacious 3-bedroom, 2-bathroom residence with a master ensuite.
Boasts open-plan living and dining areas with a modern, commercial-style kitchen equipped with stainless steel benchtops.
A large, north-facing deck offers ample space for entertaining and relaxing, easily accommodating a lounge and dining setting.
A private, level south-facing rear yard with a large shed adds further development or storage potential.
Key Features:
Prime Corner Location: Exceptional visibility and street frontage on Brisbane Road.
Dual Income Potential: Generate income from both commercial and residential tenants.
Development Flexibility: Explore opportunities for further development or renovation to maximize property value.
Ample Parking: Off-street parking for 5-6 vehicles, catering to both residents and commercial clients.
Don't miss this exceptional opportunity to secure a prime corner development site with unparalleled exposure and immense potential.
Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.