SOLD BY RIAH MANSER!
A truly exceptional and increasingly rare offering, 12 Marshall Street, Kingston represents one of the most compelling development opportunities to hit the market in years.
This is the last known flood-free site of this scale in Kingston, featuring an impressive 110-metre frontage across two titles, with genuine potential to deliver 10+ residential lots (STCA) in a market where demand for new housing is surging.
The block configuration and zoning parameters allow for:
- Minimum 400m² lots at the front
- Minimum 500m² lots at the rear
- Flexible subdivision design outcomes (STCA)
Adding further value, the land falls naturally toward the road, providing a significant advantage when it comes to cost-effective infrastructure connections, including sewerage and water.
The existing 4-bedroom, 1-bathroom home provides strong holding income of approximately $600–$660 per week while plans and approvals are underway. Two large powered sheds on site offer ideal storage for tools, equipment or machinery during the development process.
Key highlights:
- 1.67 acres
- Last flood-free site of this size available in Kingston
- Massive 110m frontage over two titles
- Potential to subdivide into 10+ blocks (STCA)
- Strong holding income during planning phase
- Two large powered sheds for on-site storage
- Easy infrastructure connection due to natural fall of the land toward the road
- Surrounded by quality new builds achieving approximately $1,000,000 per home
- Quiet street close to public transport, shops and schools
This is a true developer's playground in a high-growth corridor, where new housing stock is in short supply and end values continue to perform strongly.
Sites of this calibre are tightly held and rarely traded. Once it's gone, there will not be another like it in Kingston.
CONTACT RIAH OR REBECCA LOGAN'S #1 AGENT TODAY!
Location Highlights:
- 600m walk to Kingston Train Station
- 3 min drive to Kingston State School
- 4 min drive to Kingston State College
- 5 min walk to nearest bus stop
- 5 min drive to nearest shopping centre (Logan Central Plaza)
Disclaimer:
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.
