Developers, investors and land bankers take note - opportunities of this scale and flexibility in central Capalaba are becoming increasingly rare.
Positioned on a substantial 1,854sqm allotment with approximately 21 metres of frontage to both Beenwerrin Crescent and Bank Street, this property presents exceptional redevelopment and subdivision potential in a highly sought-after residential location.
With the ability to subdivide into four approximately 405sqm lots (subject to council approvals), this site offers multiple pathways to maximise value. Whether you're looking to undertake an immediate development project, land bank for future growth, or retain the existing dwelling while exploring subdivision options, this is an opportunity not to be missed.
Existing Residence has three bedrooms with celling fans and air-con in master bedroom.
• Air-conditioned living area opening to a covered patio
• Country-style kitchen with electric cooking and large pantry
• Separate meals area
• Tiled and timber fl