Sunny Singh & Syed Ali proudly present 119 Milne Street, Beenleigh - a substantial 1,196m2 landholding offering an outstanding combination of development potential and immediate rental income.
Positioned within the Low-Medium Density Residential - Apartment Precinct, this property provides an exciting opportunity for developers, investors and land bankers seeking a strategic development site in an established and rapidly growing residential location.
With potential for development up to 18 meter (approximately 5 storey, subject to Council approval (STCA), the site offers flexibility for a range of future residential projects.
Key Property & Development Highlights:
• 1,196m2 landholding
• Low-Medium Density Residential - Apartment Precinct
• Potential building height of up to 18 metre / approximately 5 storey (STCA)
• Existing 5-bedroom, 3-bathroom, 3-car improvements
• Two separate units currently generating rental income
• Unit 1: Currently Vacant (Rental Appraisal $650 per week)
• Unit 2: Currently leased $475 per week
• Excellent holding income while planning and development approvals are undertaken
• Potential for apartments, townhouses, multi-dwelling housing and other residential uses (STCA)
• Established residential precinct with surrounding development activity
• Existing access to established infrastructure and services
• Excellent frontage and convenient location
• Close to Beenleigh CBD, transport, schools, shopping and major road infrastructure
Development Potential (STCA):
The property's Low-Medium Density Residential - Apartment Precinct zoning creates a range of potential development opportunities, subject to Council approval, planning requirements and detailed site assessment.
Potential uses may include:
• Boutique apartment development
• Townhouse development
• Multi-dwelling residential development
• Duplex or dual-living development
• Retirement living
• Community accommodation
• Affordable housing
• NDIS / Specialist Disability Accommodation (SDA)
• Aged care and residential care uses
Established Residential Precinct:
Surrounded by established residential development and ongoing investment, 119 Milne Street is positioned to benefit from the continued demand for medium-density housing in Beenleigh.
The combination of a substantial landholding, favorable zoning, existing rental income and potential development upside makes this an attractive proposition for both developers and long-term investors.
Outstanding Location and conveniently located within easy reach of:
• Beenleigh CBD
• Beenleigh Town Centre and shopping facilities
• Beenleigh Train Station
• M1 Motorway
• Major arterial roads
• Public and private schools
• Childcare centers
• Medical facilities
• Parks and sporting facilities
Strategic Investment Opportunity:
Located within the established Beenleigh residential corridor and strategically positioned between Brisbane and the Gold Coast, the property offers an opportunity to secure a substantial development-oriented landholding while generating strong rental income.
Whether you're looking to develop, land bank or secure a high-income investment with future development potential, 119 Milne Street, Beenleigh presents an opportunity worthy of serious consideration.
For further details or to arrange a viewing, please feel free to contact:
Sunny Singh - 0449 048 492
Syed Ali - 0416 498 295
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
All development potential is subject to Logan City Council approval. Purchasers should undertake their own due diligence regarding zoning, development outcomes, and planning requirements.
Please be advised that some images included in our marketing materials feature virtual staging techniques designed to illustrate the property's potential appearance; these digitally altered images do not represent its current condition..
