7 Davidson Terrace Newstead

Instructions are clear;

"sell by auction immediately; market forces will set the price.

7 Davidson Tce Newstead must be sold

For cashed up buyers this is a chance to secure a piece of "Blue Chip Teneriffe Hill. An elevated 468 sqm with a substantial Income from the existing home and spectacular sweeping views that will be yours forever.

Rare demolition approval, a level pad with existing minimal setbacks and a 27metre frontage make this an exciting building block now or in the future.

Demand for vacant land and modern homes ' particulary with views, outstrips all others inner-city and will only continue to do so in future years .This is an unfortunate situation but outstanding opportunity for any speculator, developer, builder or home owner with liquid funds!

The 5 Bedroom post war house currently occupying the site offers a potential residence with several options to capitalize. Occupy, demolish now or hold and enjoy a current rental income of approximately $1100/week gross while the inevitable capital growth that comes with Brisbanes most sort after location is only compounded by the $800 million Newstead redevelopment - which is almost at your doorstep.

*Sweeping Views from The Story Bridge to Hamilton Hill
*27m Frontage to Davidson Tce.
*Level building pad, with 3 car underground garaging
*Conceptual House plans by Paul Owen ' Architect
*Stroll to James St, Commercial Rd, Emporium and the River Walks
*Nett income in the vicinity of $800 - $900/week

Make this your opportunity of a lifetime call! for immediate inspection or see open for inspection times

Sat 16th Aug 2-3pm
Sun 17th Aug 2-3pm
Thu 21st Aug 5-6pm
Fri 22nd Aug 12 - 1 pm
Sat 23rd Aug Half hour prior to Auction