1 OSHANESY STREET,
Gracemere, QLD 4702

Located in a prime location over the road from the busy Gracemere Shopping World and adjacent to the Gracemere State School. This magnificent corner site has a land area of 1874m2 has the potential for future commercial or large scale residential development (subject to town planning approval). Erected thereon is a spacious colonial weatherboard home that features 4 bedrooms plus 2 sleep outs, an open plan lounge, dining room, a good kitchen and bathroom.
The lower level has excellent height, is enclosed with battons, is well concreted and provides a garage area, laundry and storage area.
This home is set on concrete and steel stumps. The allotment has a frontage of 31.6m to OShanesy Street and a frontage of 71.6m to Pierce Street
This home is presently rented to reliable tenants and provides an excellent opportunity to redevelopment as a commercial or large residential complex ( subject to town planning approval)while the existing rental provides an immediate income.
Act now and secure this prime location.