Description

Prime 2,512m2 MDR Development Block With Endless Possibilities! (STCA)

Available for the first time in 42 years! The owner is eager to make a move! A rare opportunity exists to secure this allotment with huge future development potential. Situated on a sprawling 2,512m2 corner block, this prime development opportunity at 12,14,16 Pittwin Road North Capalaba offers endless possibilities for astute investors and developers. Boasting a generous 60.6-meter frontage, rear frontage with 31.5-meters and 80.7-meter depth, this block presents a once-in-a-lifetime chance to land bank, develop, or even reside in the highly sought-after Capalaba locality.

3 Individual Titles and Dwellings

**12 Pittwin Road - 842 sqm

**14 Pittwin Road - 825 sqm

**16 Pittwin Road - 845 sqm

Located just 3 minutes walking distance to Capalaba Park Shopping Centre, 21 minutes to the Brisbane Airport, and within a short walking distance to all the local shops such as Bunnings, Chemist Warehouse, Capalaba Central Shopping Centre. As well as neighbouring suburbs like Alexandra Hills and Chandler, this property offers convenience and accessibility like no other. The area is further blessed with accessible transportation and quality schools such as Capalaba State College, Tafe Queensland Alexandra Hill Campus and Alexandra Hills State High School also within reach.

The property backs onto a tranquil residential street that has undergone significant reformation with many original houses being replaced by high-end homes, luxury apartment complexes and commercial properties, forever changing the landscape of this area.

PROPERTY FEATURES:

12 Pittwin Road -

• Solid Brick Built Low Set Dwelling • Three Attached Flats with Separate Entrance ( Unit 1, Unit 2, Unit 3)

• Each flat contained bedroom | Functional Kitchenette | Separate Living Room

• Bathroom | External Laundry • Rental Income Approx $350 p/w (each unit)

14 Pittwin Road -

• 3 Bedrooms | Ceiling Fans | Bay Window (Main) • Entry Room/Study Nook | Sleepout | Ceiling Fan • Spacious Living Room | High Ceilings

• Functional Kitchen | Combined Dining Area • Separate Laundry | Familial Bathroom & Toilets • Rental Income Approx $500 p/w

16 Pittwin Road - • 3 Bedrooms | Ceiling Fans | Bay Window (Main) • Spacious Living Room | Timber Flooring • Split Air Conditioning • Functional Kitchen | Combined Dining Area • Internal Laundry | Familial Bathroom & Toilets • Large Workshop | Double Carport • Rental Income Approx $600 p/w

You have the option to obtain rental income, demolish and develop the land, or land bank for future prospects within an increasingly sought-after locale. These kinds of opportunities don't come by often. 12,14,16 Pittwin Road Capalaba is sure to tick all your boxes! Don't miss this opportunity to secure your piece of Capalaba paradise!

Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.

*DISCLAIMER* All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

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