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, providing substantial development area.
2. Very wide street frontage, enhancing design flexibility and street appeal.
3. Zoned Low-Medium Density Residential suitable for apartments.
4. Free from flood risk, bushfire zones, environmental protection, and heritage overlays, reducing approval complexity.
5. Located in a high-growth corridor between Brisbane and the Gold Coast, with strong government and council support.
6. Close proximity to shopping centres, schools, major highways, train station, and medical facilities, supporting resident demand.
7. Potential for alternative high-return uses such as motels or childcare centres, subject to council approval (STCA).
8. On-site 5‑bed dual residence currently fully tenanted, offering immediate income and holding value.
9. Renovated unit returning $450 per week, main house leased at $600 per week, combined rental income $1,050 per week.
10. Ample car parking on the property, aiding tenancy convenience and site usability.
11. Recently updated property, implying reduced short‑term capital expenditure for upkeep.
12. Listed price for development site $1,280,000, enabling straightforward investment evaluation.
