Risk-free and value-packed – 9 Rivington St, Nundah presents a compelling opportunity to acquire a rent-yielding home with the DA already obtained for a two-lot subdivision.

Desirability is at the forefront of this central location, little more than 5min walk from train and village centre, yet so quiet and residential. Nundah is renowned for its vibrant village centre and high street, easy train connectivity, major arterials / Gateway motorway nearby, CBD access and airport all within a stone’s throw.

Benefiting from LMR2-3 zoning, the approximately 604m² site combines an existing three-bedroom, two-bathroom, one-car residence with a clear pathway to unlock additional land value via the approved one-into-two subdivision or as a unit block or townhouse site.

Uniquely, this site offers so much upside for so little risk. Tailor your journey with any combination of developing into two vacant lots (per current approval), building two freehold dwellings, building a granny flat behind the existing dwelling, developing into townhouses or apartments, holding and continuing to rent the property out, land banking or moving in then reassessing when the time is right.

It’s rare that so much is on offer without a catch!

* Approx. 604m² on title
* 15.1m overall frontage
* LMR2-3 – Low-Medium Density Residential zoning
* Current DA approval for 2 x lot subdivision
* Favourable site conditions, less than 1m fall and flood free
* Existing 3 bed 2 bath 1 car dwelling yielding $700/wk
* 700m walk to Nundah Village dining, shopping and business
* 600m walk to Northgate Express Train Station
* 650m walk to Nundah Train Station
* 9km to Brisbane CBD
* 12min drive to domestic and international airports
* 3-4min drive to major motorways, tunnel, arterials

There is simply no wrong way to approach this proposition except by delaying your move! Get the ball rolling and text or email Jonathon to book your call to discuss this site today.