Beenleigh, Queensland
Wonderful Development Site in Beenleigh - 32DS
DEVELOPMENT SITE $1,280,000
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 usable lot size with very wide street frontage, favourable for multi‑unit layout and site access.
2. Zoned Low‑Medium Density Residential suitable for apartments; explicit mention of apartments and townhouses as primary development options.
3. Free from flood risk, bushfire zones, environmental protection and heritage overlays, reducing regulatory hurdles.
4. Located in a high growth corridor between Brisbane and the Gold Coast, implying strong demand and capital growth potential.
5. Strong government and council support noted, suggesting smoother approvals and development facilitation.
6. Potential for alternative higher‑return uses such as motels or childcare centres, subject to council approval.
7. Close proximity to shopping centres, schools, major highways, train station and medical facilities, supporting resident amenity and rental appeal.
8. Existing 5‑bed dual residence on site, recently updated, providing immediate rental income and holding yield.
9. Combined current rental return of $1,050 per week, split $600 per week for the main house and $450 per week for the renovated unit.
10. Property includes three bathrooms and ample car parking, enhancing occupancy and tenant convenience.
11. Described as a rare development opportunity in a rapidly growing area, indicating scarcity and market interest.
