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36 Keylar Street, Mitchelton

3
BEDS
|
1
BATHS
|
2
CARS
Sold for $875,000
Sold on 11th January 2021

Rare Opportunity to Secure Post War on 810m2 over two allotments

Straddling two allotments of land, 36 Keylar Street, Mitchelton presents a prime development or land bank investment opportunity.

A great site to make a new statement, this tidy post space war residence straddles two allotments of land totalling 810sqm in a quiet street that's close to everything Mitchelton has to offer. The focus is firmly on the future here as the generous landholding of this well-maintained property provides the ideal foundation for a knockdown/rebuild project with fantastic potential to capitalise on its premium position.

The home itself is in solid and comfortable order and is currently leased at $405 per week. It consists of a practical three-bedroom layout with an air-conditioned living/dining space, an updated gas kitchen and separate multi-purpose room.

The size of the block is where the true value of this property lies, as there are consistently strong land values and new build re-sales in the area. It presents a rare opportunity for land bank investors, builders or developers looking for a significant landholding in a fantastic part of Mitchelton. This leafy setting is tucked away within walking distance to Blackwood Street's café scene, Brookside Shopping Centre and two train stations.

Features Include:
• Solid post war residence on a 810sqm double allotment
• Neat and tidy condition, currently rented at $405 per week
• Air-conditioned living space plus an updated gas kitchen
• Three good-sized bedrooms and a separate multipurpose room
• Paved rear courtyard and expansive rear garden with a carport
• A leafy setting close to Blackwood Street, trains and shopping
• Scope to renovate, rebuild or completely redevelop the site

Location:
• 300m to St Helens Road Park
• 800m to Kedron Book Bikeway Access
• 900m to Blackwood Street Restaurant and Café Precinct
• 950m to Brookside Shopping Centre
• 1km to Mitchelton Train Station
• 8km to Brisbane City

Phone Haydn Denovan for more information.

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Property features

  • Carport Spaces: 2

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  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street
  •  36 Keylar Street