Medium Density development site

685, 687 and 689 Ross River Road comprise three separate sites of 809 square metres each, available individually or in one line.

The three properties are subject to short term residential leases with long term tenants and provide a current gross holding income of $45,290 combined.

The three properties sit within the Medium Density Residential zone of the Thuringowa East precinct.

The Medium Density precinct and allows for a multitude of self and code assess-able development options including:
- Multiple dwellings/units;
- Residential care facility;
- Retirement facility;
- Short term accommodation;
- Community care centre
- Sales office;
- Home based business;
- Animal keeping.

The height limit allows 5 storeys and the nominated site coverage is 65%.

The site has good access to trunk infrastructure and a 60 metre frontage to Ross River Road and is located only 950 metres from Willows Shopping Centre.

For sale via offers to purchase.

For more information or to arrange an inspection, please contact Ray White Commercial today.

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