Beenleigh, Queensland
Wonderful Development Site in Beenleigh - 32DS
DEVELOPMENT SITE $1,230,000
Business Description
Highlights
1. Build Apartments, Townhouses or More
2. 1,196m2 Lot with Very Wide Frontage
3. Rapidly Growing Area
This property presents an excellent opportunity with 1,196 m² of usable land and very wide street frontage. Free from flood risk, bushfire zones, environmental protection, and heritage overlays, this site is ready for a hassle-free development.
Key Features:
- Zoned Low-Medium Density Residential APARTMENTS.
- Potential for other high-return projects such as motels or childcare centres (STCA).
- Situated in a high-growth corridor between Brisbane and the Gold Coast, with strong government and council support.
- Close to all amenities, including shopping centres, schools, major highways, train station, and medical facilities.
The property also includes a 5-bedroom dual residence, currently fully rented with strong returns, featuring:
- 3 Bathrooms
- Ample car parking
The property has been recently updated, with the renovated unit now returning $450 per week and the main house leased at $600 per week-providing a strong combined rental income of $1,050 per week.
This is a rare and valuable development opportunity in a rapidly growing area.
Call Bill He NOW to secure this prime site before it's gone!
Property Code: 5232
Business Summary
Key Investment Insights
1. 1,196 m² of usable land, offering substantial development scale and flexibility.
2. Very wide street frontage, improving site accessibility, design flexibility and potential street presence.
3. Zoned Low-Medium Density Residential for apartments, providing a clear statutory pathway for multi-unit development.
4. No flood, bushfire, environmental protection or heritage overlays, reducing regulatory constraints and supporting a relatively hassle-free development.
5. Potential alternate uses such as motels or childcare centres, subject to council approval, indicating higher-return project options (STCA).
6. Located in a high-growth corridor between Brisbane and the Gold Coast, with stated strong government and council support, enhancing long-term demand outlook.
7. Close proximity to shopping centres, schools, major highways, train station and medical facilities, supporting tenant and resident appeal.
8. On-site 5-bedroom dual residence currently fully rented, delivering immediate income and allowing staged development or holding income.
9. Recently updated accommodation, with the renovated unit at $450 per week and the main house at $600 per week, totalling $1,050 per week in combined rental income.
10. Ample car parking on the property, supporting both residential accommodation and future development practicality.
