28 Alderwood Street Acacia Ridge, QLD 4110

Attention investors and developers! Positioned on a level 678m² LMR2 allotment (Low-Medium Residential - 2-3 storey mix), this well-maintained post-war home offers endless potential for redevelopment, land banking, or continued rental income.
The existing residence is structurally solid and currently tenanted, providing holding income while you plan your next move. Inside, the home features three generous bedrooms (two with built-ins), a functional gas kitchen flowing into the open-plan living and dining area, and French doors that open to the front patio with a leafy outlook.
Downstairs offers a double garage, laundry, and an abundance of secure storage space.
Key features:
• 678m² flat, fully fenced allotment
• LMR2 zoning - redevelopment potential (STCA)
• Stable tenants in place
• Hardwood floors & ceiling fans
• Expansive backyard
• Water tank

Location highlights:

• Walk to Acacia Ridge State School & Lady Fatima Primary
• Stroll to Elizabeth Street shops and Acacia Marketplace
• Close to bus routes servicing Brisbane CBD, Garden City & Inala Plaza
• This is a rare chance to secure a flat LMR site with holding income in one of Brisbane's growth suburbs.