55 Ellen Street Oxley, QLD 4075

• Cavity brick block of units/flats consisting of 5 x self contained units and a further 8 guesthouse rooms with communal kitchen & living areas
• 1,239m²* development site
• Zoned Low Medium Density Residential (3 storey) with potential development outcomes including multi res apartments & townhouses, childcare, subdivision, NDIS or social and affordable housing
• Completely flood free site
• Short walking distance to Oxley Train Station
• Short walking distance to local medical centres, pharmacy, Woolworths Oxley (The Station Oxley), local cafes, bakeries, food retailers, gyms
• Situated in the prized Corinda State School catchment area
• Adjoining good quality recently completed 3 storey multi residential projects
• Substantial balance land component to the rear of the site suitable for additional units or a granny flat
• Potential fully leased gross income of $159,120 p.a.*

For further information, please contact the Ray White Special Projects Marketing Agents

*Approximately