Beenleigh, Queensland
Wonderful Development Site in Beenleigh - 32DS
DEVELOPMENT SITE $1,120,000
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
Some key insights for this business for sale listing include:
1. The property is a prime development site with a lot size of 1,196m2 and a wide street frontage, making it suitable for a range of high-return projects such as apartments, townhouses, motels, or childcare centres.
2. The property is located in a rapidly growing area between Brisbane and the Gold Coast, with strong government and council support for development.
3. The property is free from flood risk, bushfire zones, environmental protection, and heritage overlays, making it a hassle-free development opportunity.
4. The property is close to all amenities, including shopping centres, schools, major highways, train station, and medical facilities.
5. The property includes a 5-bedroom dual residence, currently fully rented with strong returns, providing a combined rental income of $1,050 per week.
6. The property has been recently updated, with the renovated unit now returning $450 per week and the main house leased at $600 per week.
7. The property is zoned as Low-Medium Density Residential APARTMENTS, providing potential for further development opportunities.
8. The property is being sold by Bill He, who has extensive knowledge and experience in the local real estate market.
9. This is a rare and valuable development opportunity in a highly sought-after location, and interested buyers are encouraged to act quickly before the property is sold.
