38 Newman Road, Wavell Heights

House

Beds: 3
Baths: 1
Carparks: 2
Land Size: 708 m2

$900,000 - $950,000

Renovate, Knock down rebuilt or invest in prime position near to Chermside Centre

Discover a world of opportunity with this exceptional real estate offering in the coveted Wavell Heights. Situated in a prime location, this property boasts convenience at its core, being within walking distance to shops, parks, and buses, making it an ideal choice for those seeking a blend of accessibility and lifestyle.

What sets this property apart is the rarity of its expansive 700-plus square meters of land in the heart of Wavell Heights. Perched on an elevated high point on Newman Road, the breathtaking views available make it an ideal canvas for new highset homes.

Consider the prospect of maximizing capital gain by exploring a knockdown and rebuild strategy. With brand new houses fetching exceeding $2million in Wavell Heights, this presents a lucrative opportunity for those looking to invest wisely.

Not only does this property offer a promising future, but it also provides income from day one. Currently leased at $550 per week (with the lease expiring in October 2024).

To bring your vision to life, indicative photos of the new build are provided. For more in-depth details and to embark on this journey of potential, we invite you to contact Jay Wu who will guide you through the possibilities this property holds.

In the realm of real estate, this offering stands as more than just a property; it's an opportunity waiting to be seized. Elevate your investment portfolio, capitalize on the location, and step into a world of potential with this prime real estate in Wavell Heights.