Positioned in one of Capalaba's most strategic growth locations, this rare dual-title offering presents an exceptional opportunity to secure a substantial landholding with immediate rental income, significant development potential and multiple future value-add opportunities.
Whether you're a developer, investor or land banker, this unique property combines strong holding income today with exciting possibilities for tomorrow.
Preliminary investigations and concept planning suggest a range of potential development outcomes (STCA), including:
Multi-dwelling residential development, with concept plans available;
Potential subdivision into up to four residential lots;
Opportunity to pursue approvals for share accommodation or other innovative residential housing options;
Scope to add secondary dwellings (granny flats) to maximise rental income and overall site value.
With growing demand for new housing across the Redlands and South East Queensland, the property offers investors and developers the opportunity to generate income while positioning themselves to capitalise on future growth.
Unlike many development sites, the property benefits from two well-maintained residences providing excellent holding income while future plans are explored.
Residence One features four generous bedrooms, a large open-plan living and dining area, a spacious family-sized eat-in kitchen and a newly renovated bathroom, making it highly attractive to family tenants.
Residence Two offers two exceptionally large bedrooms, a newly renovated kitchen and a modern bathroom, providing comfortable, low-maintenance living with broad tenant appeal.
Further enhancing the appeal of this location is its close proximity to the proposed Redland Whitewater Centre in neighbouring Birkdale, a significant future recreational and tourism project expected to further elevate the profile and amenity of the surrounding area.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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