162 Bedford Street Berserker, 4701 QLD
Rare Find - 5,595sqm Block in Berserker with Development Potential
Development opportunity to build multiple dwellings on this property.
Demand for homes in Rockhampton has been increasing over the past few years and with expected population to continue to grow for the next 15 years. Holding land in Central Berserker is a valuable asset.
The plans are drawn and the retaining walls prepared to start in the coming months. This property will have signifcant value for the astute property developer looking for an opportuinty to capitalise on the current property market.
Berserker has seen significant growth over the past three years with some properties nearly doubling in value in the area and the demand for housing (rentals) still below 1% it seems that a residential development would be a good option for this block.
Corner block with two street access from Dean St and Bedford gives it some versatility in how it can be used.
Owner currently in the process of subdivision of the property into 4 blocks. Blocks include 2 x 21m x 70m blocks (1,470sqm) & 2 x 19m x 70m blocks (1,330 sqm).
Suit potential business site, with over 150m street access.
For Sale Offers over $599,000 considered
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Nathan Price