Key Investment Insights
AI generated. Confirm details with the seller.
1. 1,196m² usable development site with very wide street frontage.
2. Low Medium Density Residential zoning supports apartment development.
3. Potential for townhouses, motels or childcare centres, subject to council approval.
4. No identified flood, bushfire, environmental protection or heritage overlays supports development planning.
5. Existing five bedroom dual residence is fully rented, providing $1,050 weekly combined rental income.
6. Recently renovated unit returns $450 per week, while the main house is leased at $600 per week.
7. Three bathrooms and ample car parking enhance the existing residential improvements.
8. Located in Beenleigh’s growth corridor between Brisbane and the Gold Coast.
9. Close to shopping centres, schools, major highways, Beenleigh train station and medical facilities.
10. Existing rental income may provide holding revenue while development plans progress.