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936 Kingston Road
Waterford West QLD 4133
House
Currently for sale - view listing
Overview
Dual Living, with 1x2 or 1x4 Development Opportunity
Opportunities of this nature are increasingly difficult to replicate.
Positioned on one of Waterford West's key arterial corridors, 936 Kingston Road presents a substantial landholding of approximately 809m2; with approximately 20 metres of Kingston Road frontage, an existing dual-living style residence, a prepared two-dwelling development concept and, importantly, the opportunity to substantially increase the development footprint through the potential acquisition of adjoining 934 Kingston Road.
For the developer, builder, investor, land banker or a home owner, this is not simply a house on a large block. It is a property offering several distinct strategies: complete and utilise the existing improvements, investigate a 1 into 2 subdivision or two-dwelling outcome, add a granny flat, material change of use to commercial or redesign the site around an alternative residential product, or assemble the adjoining holding and assess a considerably broader development proposition, endless options with a huge upside!
The House:
• Fully renovated 3 Bed 2 Bath home
• Open-plan living and dining
• Functional kitchen
• Main bathroom
• Timber flooring
• Air-conditioning
• Ceiling fans
• Front deck
• Excellent natural light
Lower Level:
• Additional 3 Rooms
• An added bathroom
• Almost all work done for an added kitchen
• Last bit of renovation works still requiring completion.
This gives the incoming purchaser several options. Finish the remaining works and maximise the home's functionality, use the property for extended-family or dual-living style accommodation where lawful, lease or occupy the property while undertaking development investigations, or move directly toward a redevelopment strategy.
The Development Potential:
• 1 into 2 lot subdivision, dual key, added granny by keeping the existing dwelling or material change of use (STCA)
• Retention and completion of the existing dwelling as a holding asset
• New residential development designed around the site's width and depth
• Dual-occupancy or alternative residential configurations, where permissible
• Land banking in a prominent Kingston Road position
• Approximately 809m2; landholding
• Approximately 20m Kingston Road frontage
• Substantial depth and usable rear land
• Existing high-set residence
• Flexible dual-living style layout with further works to complete
• Prepared two-dwelling development concept
• Potential 1 into 2 subdivision / development outcome (STCA)
• Opportunity to acquire adjoining 934 Kingston Road
• Approximately 1,606m2; combined holding if both properties are acquired
• Combined-site concepts illustrate potential four-lot configurations
• Potential to investigate townhouse, multiple dwelling or alternative development schemes subject to planning requirements
• Prominent arterial-road exposure
• Established surrounding residential catchment
• Excellent proximity to shopping, schools, transport, recreation and Logan Hospital
• Suitable for developers, builders, investors and land bankers seeking optionality rather than a single prescribed outcome
Package option:
Secure One Site, or Control the Larger Opportunity
With the same vendors owning 934 Kingston Rd. (additional 809m2 land size) buyers have the option to acquire both properties and can investigate a coordinated four-lot subdivision strategy, townhouse or multiple-dwelling project, alternative residential configuration, or change of use to commercial (STCA)
The concept supplied for the property illustrates two proposed dwellings within the site and identifies an approximately 20.16m to 20.37m site width, providing useful preliminary context for purchasers undertaking feasibility investigations.
Location:
936 Kingston Road occupies a visible position along a major established corridor and sits within a mature urban catchment surrounded by residential neighbourhoods, schools, retail, recreation, health infrastructure and public transport connections.
The property is positioned within convenient reach of:
• Waterford Shopping Centre
• Waterford West State School
• Loganlea State High School
• Canterbury College
• Meadowbrook Shopping Centre
• Logan Hospital
• Tygum Park
• Loganlea and surrounding employment and health precincts
• Major road connections throughout Logan and toward Brisbane
For a future residential project, this established amenity base is important because the site's development value is supported not merely by its dimensions, but by its accessibility to the everyday services future residents require.
Possible Strategies:
One of the strongest characteristics of this property is that a buyer does not need to commit to only one outcome.
• Strategy 1: Complete and Hold
Finish the existing renovations, maximise the dual-living style configuration and retain the property as a longer-term landholding.
• Strategy 2: Develop 936 Independently
Investigate the prepared two-dwelling / 1 into 2 concept or redesign the site to suit the purchaser's preferred development model.
• Strategy 3: Assemble 934 + 936 Kingston Road
Secure the adjoining property and investigate a larger approximately 1,606m² development footprint with potential efficiencies unavailable on a standalone site.
• Strategy 4: Investigate Higher-Order Uses
Subject entirely to the applicable planning provisions and approval pathway, purchasers may also investigate whether townhouse, multiple-residential, commercial, mixed-use or other uses could be supported either under the existing planning framework or through an appropriate development application.
The Bottom Line
936 Kingston Road is a property where the existing house answers today's holding strategy, while the land creates tomorrow's opportunity.
Acquire it independently and investigate a two-lot or two-dwelling development. Complete the current residence and hold. Rework the concept to suit your own product. Or secure the adjoining property and assess the considerably larger opportunity created by a consolidated Kingston Road holding.
For developers who understand that the best sites are those offering multiple pathways rather than a single exit, 936 Kingston Road warrants serious consideration.
Contact Syed Ali on 0416 498 295 for further information, development concepts or to arrange an inspection.
Disclaimer:
All information, measurements, land areas, floor areas and development concepts are approximate and provided for marketing purposes only. Any subdivision, redevelopment, dual-living, townhouse, commercial, mixed-use or other development potential is subject to council and relevant authority approvals, applicable planning requirements and purchaser due diligence. Buyers should make their own enquiries and obtain independent professional advice. Some images used in the marketing may have been virtually staged or digitally enhanced to assist with presentation and visualisation. Buyers should rely on their own inspection of the property to assess its current condition, layout and inclusions.
Features
Property history for 936 Kingston Road
Happy sellers in Waterford West
90%
90% of sellers in Waterford West reported that their sale price either exceeded or met their price expectations.
Waterford West stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 42 reviews in Waterford West over the last 12 months.
Local market activity for 3 bedroom houses in Waterford West
In the last 12 months, 38 three-bedroom houses similar to 936 Kingston Road, have been sold.
This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.
Syed Ali
at Ray White Rochedale
