SOLD by MATTHEW JABS and ROSS ARMSTRONG

Rarely does a 1,214m2 block of land become available within 10kms of the CBD. 70 Frasers Road, provides an opportunity for the astute developer or investor to purchase a large parcel of land, on two 607m2 lots complete with a further approval (valid until 2023) to sub-divide into three 405m2 North facing blocks in an elevated position on the Gaythorne side of Mitchelton.

This rarely available parcel of land currently has a sprawling post war family home built upon it with all of the charm of yesteryear. Meticulously maintained and modernized over time, this beautiful residence exudes the traditional charms of ornate cornices, classic appeal of stunning fretwork complete with all of the modern day conveniences. The current rental appraisal for this home is between $830-850 per week, making this the perfect investment.

Mitchelton is situated 9.1 kilometres from the city centre and provides great transport options as it is serviced by Gaythorne and Mitchelton train stations and the bus interchange at Brookside Shopping Centre. With great access to parkland and the Kedron Brook bikeways, Mitchelton also has its own cafe precinct in Blackwood Street with regular markets and great restaurants.

This premium block offers a great land banking opportunity with an extended period on the Development Approval. For further details contact Matthew Jabs on 04222 94 272.

**This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes**