155 NURSERY ROAD, Holland Park West, QLD 4121

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DA Approved Opportunity Ready for the Picking


Recent Contract crashes at $675,000 due to finance

another Contract crashed at $668,000 due to finance

Owner is now looking for serious buyers who are ready to buy

155 Nursery Road provides an exciting opportunity for an astute investor or developer wishing to take advantage of the current development approvals in place.

Currently the owner has Apporvals and plans for either 4 units, 3 townhouses or a simple subdivision.

The location offers maximum convenience including easy access to many retail outlets, schools and public transport providing quick access to the CBD.

Currently this three bedroom, one bathroom home on 607m² has tenants in place until April 2021. Currently returning $390 per week with tenants happy to stay long term this lovely cottage home features polished timber floors, decorative ceilings, renovated bathroom and rear deck.

The site is being offered with Development Approval for 4 units:

· 2 units with 3 bedrooms, 2 baths, 2 car parks

· 2 units with 3 beds, 2 baths and 1 car park

· Extra visitor car space

or a separate submission for a 1 into 2 subdivision.

or a separate 3 townhouse developemnt

If you are looking for an ideal opportunity and take advantage of all the hard work being done, please call Mark Evans for an inspection today.

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Director - Raine & Horne

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Property Info:
  • Property ID: L795590
  • Property Type: House
  • Building / Floor Area: 83 sqm
  • Garages: 1
  • Land Area: 607.0 sqm
We Know Your Area
R&H Suburb Profile: Holland Park West

R&H Suburb Summary Houses
Number of sales 125
Average Price $935,063
Median Price $826,000
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 22 %
R&H Suburb Summary Units
Number of sales 29
Average Price $514,026
Median Price $480,000
Median Rental Price $390 p.w.
Change in Rental Rate (5yr) 8 %
Holland Park West, QLD - Median Trend