35 Simpsons Road, Bardon QLD 4065

Premium 14 x Townhome site under 6km to the CBD.

House Sold - Bardon QLD

A fantastic opportunity to capitalise on the inner-city demand for town homes in the sought after inner north precinct of Bardon which lies 6km to the north west of the Brisbane CBD.rnrnCurrently designed as a 14 x town home site, over 5 lots and a total of 2629sqm, this is one of the most significant land holdings of its type in Bardon and is unlikely to be repeated.rnrnThe completed town homes will command a premium price point with valley views toward Ashgrove, courtyards, decks and ample living spaces. The suburb and street also has plenty of recent sales of similar product with prices ranging from $800,000 to over $1million. rnrnWith a strong history of demand for this product, in this premium suburb, you can certainly move ahead confidently that this site will provide the types of returns rarely found in Brisbane.rnrnThe current owners change of circumstances has resulted in this reluctant sale.rnrnContact Daniel Goodwin on 0412 656 600 for a full information package.rnPlease find below the details of this opportunity. rnrnSite Address -rn35-41 Simpsons Road, Bardon and 41 Rosewood St Bardon QLD 4060.rnrnFormally known as rnLots 7,8,9 & 10 on RP20193 and Lot 5 on RP111175.rnrnLand Valuations (UCV)rn35 – 37 Simpsons Road land area of 1,021sqm $930,000 as at 30 June 2017rn39 – 41 Simpsons Road land area of 1,001sqm $930,000 as at 20 June 2017rn41 Rosewood Street land area of 607sqm $680,000 as at 20 June 2017rnTotal Land Valuation $2.540million.rnrnTotal Site area is 2629sqmrnSite Frontage to Simpsons Road is 42.7 metresrn2 x Street frontages, being Simpsons Road and Rosewood St BardonrnZoning is LMR 2 and 3 StoryrnCouncil is Brisbane City CouncilrnrnProposed Site Configurationrn14 Townhomes consisting ofrn11 x 3 bed, 2 bath, 2 carrn3 x 3 bed, 2 bath, 1 carrnrnTotal Proposed GFA is 2,225.71sqmrnAverage Individual Townhome GFA is 158sqmrnValley views toward Ashgrove.rnrnHolding income consisting of -rn37-39 Simpsons Road, Leased till June 2018, $800per weekrn35 Simpsons Road, Leased till April 2018, $350per weekrn41 Rosewood Street, Leased till May 2019, $500per weekrnTotal income per week of $1,650 per week or $85,800 per year.rnrnLocation -rn6km to Brisbane CBDrn6km to Southbank Parklands, Museum, Cultural Centres.rn3.5km to Western Freewayrn3km to Suncorp Stadiumrn3km to Milton Train Stationrn4km to Brisbane Boys Collegern4km to Brisbane Boys / Girls Grammarrn3km to Marist College / Mt Saint Michael’srn2.9km to Mt Cootha Botanic Gardensrn450m to St Josephs School, BardonrnBus route on DoorsteprnCafes and restaurants all within 500mrnrnPlease do not enter any property as all are currently occupied. rnAll areas and sizes are approximate and development is subject to council approval.rnrnContact Daniel Goodwin on 0412 656 600 for a full information package.