Already on 2 lots with an approved DA for 6 x 3 bedroom, 2.5 bathroom, double garage Townhouses!! Representing an exceptional opportunity for owner occupiers, renovators and developers alike, this is a golden chance so rarely available in a thriving market. Positioned in a prime location close to a huge array of amenity and providing the needle in the haystack so readily sought by savvy investors, this incredible market opportunity is enhanced by development approvals already in place so the hard work has been done for you! Large useable land - so hard to come by and easy to develop, or easy to call home! Embracing federation touches and occupying an enviable private space, this three bedroom home is in good condition and is immediately liveable to allow a myriad of options for you to consider. Keep the home and renovate in due time, enjoying the space and land of yesteryear, or rent out whilst you consider your options. A huge 874m2 block already on two lots, the hard work and expense has been done, allowing you to buy with the knowledge that there is versatility galore! A development approval for 6 townhouses is already in place, allowing the savvy and smart a brilliant chance to to buy, demolish and profit. There is of course the option to demolish the current residence, build your dream home on one block and sell the other. Adding to this rare find is a location that allows a fuss-free convenient lifestyle! Just across the road you'll find leafy parkland, walking tracks and the Acacia Ridge Leisure Centre whilst food outlets, local shops and bus are just a short walk away. Rarely does an opportunity come along that allows such endless scope to land hold, build to sell and/or build to live so make sure you act fast! Features Include: - 874m2 splitter block on 2 lots - DA approval for 6 townhouses - Three bedroom house with federation touches in good condition - Huge backyard and swimming pool - Walk to local amenities, food outlets & shops - Walking distance to local childcare and schools - Only 15kms to Brisbane CBD - 5.8 km to Sunnybank Plaza - 9.1 km to Westfield Mt Gravatt