EXCEPTIONAL DEVELOPMENT OPPORTUNITY - CLEVELAND
EXCEPTIONAL DEVELOPMENT OPPORTUNITY -
Prime Location: Nestled on 799 square meters, this property at 156 Queen Street is a gem, boasting an MR1 Residential High-Rise 5-Story Zoning.
Situated just meters from Cleveland CBD on a corner position, it's an ideal canvas for innovative residential development.
Versatility for Visionaries: Perfect for a variety of new residential projects, this site beckons to investors, builders, and land-bankers.
Unleash your creativity with the potential for a boutique development that stands out.
Investment Highlights:
- An existing three-bedroom home offers immediate rental potential (main with air conditioning).
- Estimated Rental Income: $560 to $590 per week, ensuring financial viability during development planning.
Strategic Advantages:**
- Close proximity to schools, shops, and transport facilities.
- The rental return provides a cushion, covering holding costs as you plan your boutique development.
Don't Miss Out.
Seize this rare opportunity to secure a perfectly located site. Act now as properties like these are in high demand.
Contact us to turn your vision into reality!
Call Michael Fardouly - 0413 517 222