The combined properties at 40 and 42 Tantivy Street present a unique opportunity for development or business ventures. Here is an overview of the key details:
Property Overview
42 Tantivy Street
Type: Commercial Property
Land Area: 1,295m²
Title: Two Titles
40 Tantivy Street
Type: Residential Property
Land Area: 683m²
Year Built: 1920
Sentimental Value: The house is of sentimental value to the current owners, who are flexible about its future. They are open to either retaining the house on site or relocating it.
Combined Property Details
Total Land Area: 1,978m²
Flood Status: Both properties are flood-free.
Location: The properties are centrally located between Ipswich and Karalee, with easy access to the Warrego Highway.
Traffic Flow: Approximately 40,000 vehicles pass by daily.
Potential Opportunities
The combined properties offer numerous possibilities for development or business ventures due to their size, location, and high traffic flow. Some potential opportunities include:
Commercial Development: Given the high traffic flow and central location, the land could be developed into a retail center, office complex, or other commercial enterprises.
Mixed-Use Development: The flexibility of the residential property allows for a mix of commercial and residential use, such as a combination of shops, offices, and apartments.
Residential Development: The land could be subdivided and developed into multiple residential units, taking advantage of the flood-free status and desirable location.
Community or Public Services: The land could be used for community centers, medical facilities, or other public services that benefit from easy access and high visibility.
Conclusion
The combination of 40 and 42 Tantivy Street offers a substantial, versatile land area with significant potential for various development projects. The flexibility regarding the residential property enhances the attractiveness of the combined site for potential developers and business ventures.
Contact Jennifer Hodgson
Licensed Real Estate Agent
0412 441 568