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28-32 School Street

Kelvin Grove, QLD 4059, Australia
Auction
4 bed 2 bath1624m²

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

A rare opportunity to secure a large parcel of land in the heart of the Urban Village precinct is on offer to the savvy buyer. Currently set up as two free hold dwellings, the spectacular site offers opportunities to create wealth through multiple development opportunities. Development Opportunities include, (STCA) * Student multi-rooming accommodation (up to 32 rooms) * Town House Complex * Multiple Dwellings up to 5 on the site * Approx 30m Frontage MULTIPLE DEVELOPMENT OPTIONS- see attached feasibility study GREAT LOCATION * 200m from Kelvin Grove State School * 300m from QUT campus * 200m from Kelvin Grove Urban village * 300m from major bus terminal * Minutes walk to the CBD * Minutes walk to Roma Street Train/ Bus Station* * One of the last development opportunities in the area * HIGH GROWTH AREA

Property Features

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    Repayment calculator

    $7,267/month
    $3,634 /fortnight
    Loan $1,199,200 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$299,800
    Stamp duty$66,718
    Conveyancing (est.)$2,000
    Total upfront$368,518
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Land Area
    1624m²
    Listed
    2 months ago

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