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: 5238
