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Block of Units
3 Tillot Street
DUTTON PARK, QLD 4102
4
4
4
Key features
Nestled in the heart of Dutton Park, 3 Tillot Street unveils a rare investment gem. This well-maintained older property currently houses four spacious one-bedroom flats, offering a solid rental income stream. Beyond its current charm lies immense development potential, making it an astute choice for the discerning investor.
Key Features:
• Four One-Bedroom Flats: Each flat is thoughtfully designed, providing comfortable living spaces and private sanctuaries for occupants.
• Rental Income: With four flats, this property offers a reliable and immediate rental income, appealing to both seasoned and budding investors. A rental appraisal indicates income growth potential.
• Strategic Location: Positioned in the heart of Dutton Park, it's within a stone's throw of parks, amenities, and excellent transport links.
This property presents a golden opportunity for expansion or redevelopment, allowing you to unlock its full potential. The flexible zoning and ample space provide a canvas for your vision, whether it's enhancing the existing flats or exploring new possibilities.
Sitting on a single 607m² lot the site is zoned Character (Infill Housing) CR2, and within the Dutton Park Fairfield Neighbourhood Plan. The site is not affected by flooding, significant trees, or protected vegetation and has potential for subdivision (STCA and potential retention of pre-war buildings).
Dutton Park's popularity is on the rise, and properties with development potential are becoming increasingly scarce. This unique offering positions you at the forefront of an evolving market, ensuring both short-term returns and long-term capital growth. Dutton Park, Brisbane, stands as a beacon of untapped potential for savvy investors and developers alike. Its strategic location, nestled between the thriving South Bank precinct and the burgeoning commercial hubs of Woolloongabba and West End, presents a golden opportunity for growth. The area's zoning regulations and existing infrastructure provide a solid foundation for innovative projects, from residential developments to mixed-use spaces that cater to the demands of a dynamic urban landscape.
With its blend of urban convenience and natural beauty, Dutton Park offers a lifestyle that caters to both relaxation and exploration and 3 Tillot Street offers a rare opportunity to capitalise in this inner-city suburb.
Interested in properties similar to this? Let’s connect…
Leon Iconomidis
0411 428 270
Call now
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