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Clark Real Estate

Sweeping Track Views!!! Sub-Divide or Build on this 814sqm tightly held track facing property

136 Mein Street, HENDRA
Sold
Property ID 20456036
Sweeping Track Views!!! Sub-Divide or Build on this 814sqm tightly held track facing property
This property is currently not available.

Perfectly situated on a level 814 sqm block, overlooking the 1500m mark of Eagle Farm Racecourse. This family friendly pocket will impress the most discerning buyer. Boasting an approximate 27m frontage, 2 lots (491sqm & 323sqm) with separate titles and offering a generous 814 sqm block. This is the first time the property has been on the market in 53 years!

Positioned on a coveted double block of land, this could be the ideal spot to build your next forever home, keeping the whole 814 sqm for yourself and building a sprawling residence. Or alternatively you could sub divide into two blocks (STCA) with options to build and sell both blocks straight away. Or sell one, and keep one for yourself, covering the building costs for your dream home.

Boasting a 27m x 32m (approximate) total block, with fantastic south easterly bay breezes all year round, you can’t get any closer to the track than this.

This coveted position, currently has a two storey brick home on it, which is in need of some updating, so the opportunity is there to do some cosmetic renovations throughout ie. update paint/flooring/kitchens and bathrooms, or demolish and start again.

The property is currently renting for $470/week with a good tenant in place, which could be handy to cover holding costs, while you are waiting for your development/building approvals to come through.