OPPORTUNITY KNOCKS - BIG DEVELOPMENT POTENTIAL!

- Auction Event In Calamvale Hotel Skyline Room On the 1st of July 2023 starts 2pm - <br/><br/>Absolutely ripe for future residential development, this large landsite which comprises of a total 1624sqm over two titles, presents a genuinely exciting and lucrative opportunity for investors, builders, and developers.<br/><br/>These two identical side-by-side blocks of 812sqm each are in the perfect place for residential renewal being in walking distance to key amenity, public transport and accessible to motorways, shopping malls, schools, and parks. The burgeoning suburb of Beenleigh in Logan Shire has incredible profit potential.<br/><br/>Boasting a prime corner position, with level and simple rectangular shape makes this an attractive acquisition and an easy contender for multi-residential dwellings to be designed and built. An ideal candidate for investor style lots or more upmarket owner occupier designs, brand new apartments or townhouses would be in high demand and present strong returns. Particularly given the proximity to local amenities, new product is likely to be snapped up off the plan underpinning the developer's security to get construction underway with pre-sales in the bag.<br/><br/>Currently the two adjoining blocks have existing, rentable dwellings in place so there is scope for enjoying an income in the interim period of feasibility studies and design for a new development. Of course, there is always the option of buying these, renting out one, whilst you knock down the other and rebuild new for resale or rent.<br/><br/>Highlights include:<br/>- Prime opportunity to redevelop on corner position<br/>- Two individual titles of 812sqm each<br/>- Combined 1624sqm suitable for multi-residential units<br/>- Rentable homes in place<br/>- Walking distance to amenity<br/>- Burgeoning region with land values on the rise<br/>- Rental income $440/week (2 Charles St) & $450 (4 - 6 Charles St)<br/><br/>Situated halfway between Brisbane and the Gold Coast, burgeoning Beenleigh is poised to benefit from major growth scheduled for this south-east Queensland corner. 35km south of Brisbane and 41km west of Southport the City of Logan suburb of Beenleigh is in high demand from both investors and owner occupiers. <br/><br/>The current population of 8,542 is projected to experience solid growth in the coming years to reach 10,137 by 2026. Covering an area of 7.7 square kilometres, and well-serviced by public transport including its own train station, Beenleigh is considered one of Logan's major employment centres.<br/><br/>Call Eric Li today for more details about this outstanding opportunity.<br/><br/>Disclaimer:<br/>All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.