*Open Homes Scheduled To Go Through All Three Properties*
A truly exceptional opportunity has arisen to secure 8, 10 & 12 Susan Avenue, Kippa-Ring, offered to the market as one strategic development site, with the flexibility to purchase the properties individually if desired.
Generating a combined rental income of $1,670 per week (approximately $86,840 per annum), this unique offering provides an attractive holding income for developers and land bankers while planning future development outcomes.
Positioned in a rapidly growing precinct and surrounded by ongoing development, this rare opportunity is perfectly suited to developers, investors, land bankers and builders looking to capitalise on one of the Moreton Bay Region's most sought-after growth corridors.
Spanning three adjoining lots, the properties are all zoned High Density Residential, allowing for a broad range of future development opportunities (STCA).
Development Highlights
- Three adjoining properties on separate titles
- Offered as one combined development opportunity or available individually
- High Density Residential zoning
- Building height allowance of 21 metres (approximately six storeys, subject to council requirements)
- Sites can be developed independently or amalgamated into a larger project
- Significant future development potential (STCA)
- Strong holding income while development plans are progressed
- Rare opportunity to secure a substantial landholding in an established urban location
- Ideal for developers, land bankers and strategic investors
With high-density development sites becoming increasingly scarce, opportunities of this scale, flexibility and location are rarely presented to the market. Whether you're looking to commence a development project immediately, secure a future pipeline site, or land bank in a high-growth location, this offering deserves your attention.
Location Highlights
- Approx. 600m to Kippa-Ring Train Station
- Approx. 1km to Peninsula Fair Shopping Centre
- Approx. 1.5km to Kippa-Ring Village Shopping Centre
- Approx. 3km to Redcliffe Hospital
- Approx. 4km to Redcliffe Waterfront
- Approx. 5km to Suttons Beach
- Approx. 35km to Brisbane CBD
- Easy access to schools, public transport, shopping centres and major arterial roads
Current Tenancy Information
8 Susan Avenue, Kippa-Ring
3 Bedrooms | 1 Bathroom | 1 Car Accommodation
Lease Expiry: 1 February 2027
Current Rent: $530 per week
10 Susan Avenue, Kippa-Ring
4 Bedrooms | 1 Bathroom | 1 Car Accommodation
Lease Expiry: 16 November 2026
Current Rent: $590 per week
12 Susan Avenue, Kippa-Ring
3 Bedrooms | 1 Bathroom | 1 Car Accommodation
Lease Expiry: 4 February 2027
Current Rent: $550 per week
*For tenant privacy, photos have been digitally enhanced to remove furniture*
Disclaimer: All information contained herein is gathered from third party sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own independent enquiries and not on the information contained herein. Figures and details are subject to change without further notice.