Expression of Interest
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87 & 89 Milne Street, Beenleigh QLD 4207

House
53
Block size: 2040 m² approx.

The Perfect Development Investment for A Savvy Investor!

An exciting opportunity awaits either a savvy developer or Investor! Someone with foresight to see that the housing crisis is not going to go away anytime soon! And that prices for good quality homes in good location will continue on an upswing!

The trick is not to invest in premium mature suburbs where land prices have hit the roof but to look for upcoming suburbs that tick all the boxes in terms of location, proximity to amenities and transport infrastructures, etc.

The Vendor is offering to the right Buyer/s 87 & 89 Milne Street (to be sold as One Lot), Beenleigh, that present a valuable exceptional development opportunity! The properties combine a total land area of 2024m2 spread across two adjoining lots with an impressive 40m frontage!

Although it has has an expired DA in placed, going forward the land offers fantastic potential and opportunities for someone to re-organise and inject better value in a thriving market for this Low-Medium Residential Zoning.

Perfectly located within 3 minutes drive to Beenleigh Station and Shopping Centre, the area around the property is thriving with lots of modern housing, schools, public transport and essential community facilities. All within easy reach!

Additionally, the M1 Motorway is nearby with Brisbane City and Surfers Paradise, Gold Coast within an half hour drive. An expired Development Approval (DA) for 21 units is currently in placed. However, the possibilities are there for anyone with a great vision of what the area and land will be in the next 5 to 10 years.

Don't miss the chance to secure this fantastic development site. With its prime location, vast potential, and the ever-growing demand in the area, this property represents Value either an investment opportunity or to develop in the short to medium term.

Note: Currently the properties are earning a rental income from the existing fibro homes on the land amounting to approx $1100 per week.

Disclaimers:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accepting no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

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Contact Jose Morales to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
5
Bathrooms:
3
Property type:
House
Block Size:
2040 *

Other Details

AUSTRALIAN PROPERTY MANAGEMENT ALLIANCE

Maps and area information

Block information
Block size: 2040 (approx)
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

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We found 3 houses with 5 bedrooms that just sold near 87 & 89 Milne Street Beenleigh

Property history

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Beenleigh suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
8,425
Listing ID: 182464636. This listing has been viewed 9 times. It was first displayed on 22/04/2024 and last updated on 23/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.