570 Sherwood Road Sherwood, QLD 4075

SOLD UNDER THE HAMMER 30/05/2015

Centrally located in the sought after suburb of Sherwood, this three bedroom, one bathroom, highset timber post war home sits on a flood free North facing 549sqm block and provides a great opportunity to get into the Sherwood property market.

Option 1: An excellent investment opportunity. Rent out the home and capitalize on future gains.

Option 2: Renovate or remove the existing home and build new and enjoy being centrally located in one of the most sought after suburbs in Brisbane.

Option 3: Presenting a potential development opportunity the site is zoned Medium Density Residential (MDR) up to 5 storeys under the current Planning Scheme. The surrounding area has proved successful, with many similar blocks now being developed as new contemporary apartments or townhouses. For a savvy developer this prime site could present the ideal development opportunity! Be quick to speak with one of the local town planning firms or Council, to make sure you don't miss out.

From this superb pocket of Sherwood you can walk to the train and bus, Oxley Road and Sherwood Road shops as well as primary schools and parks. The sellers have given clear instructions, the property will be sold on or before auction day. They want a quick and hassle free sale so don't miss this rare opportunity to secure such a desirable location in the heart of Sherwood.