38 Lyon Street Moorooka, QLD 4105

A Fantastic opportunity here for savvy investors, developers or landbankers.

Please ensure you undertake your own investigations in regard to information contained here;
Any developments would be subject to BCC approval

At a glance:

. LMR Zoning - Abillity to add townhouses or units
. 5 Bed Qldr upper level with 2 x 1brm flats under
. City Views from ground level
. Ability to demolish existing house
. 810 sqm on 2 Lots
. Income procuding Returning $990 pw in total
. Central Moorooka location - walk to City bus, Moorooka Station and the Moorooka shopping, cafe and services precinc
. New cross river rail upgrades includes Moorooka station and surrounding precinct
. Planned urban renewal and revitalisation of the Moorooka area

Rental information:

Flat 1 upstairs - 5 bedrooms, 1 bathroom, kitchen and lounge/dining - currently each room is separately rented (rooming accommodation leases) - total approx. $550 per week
Flat 2 downstairs - 1 bedroom, 1 bathroom and kitchen - rented $200 per week, fixed term lease until Feb 2022
Flat 3 downstairs - 1 bedroom, 1 bathroom and kitchen - rented for $240 per week, periodic lease

This rare opportunity offers the immediate ability to secure this property with an excellent income stream and so many future possibilites.
MUST BE SOLD!