Sold
72-74 Kent Street,
Beenleigh 4207, Queensland
$1,100,000
Property details
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Agents
DEVELOP, INVEST OR MOVE IN - 1,014m2, DEVELOPMENT SITE WITH IMMEDIATE RENTAL INCOME
Whether you're a developer looking for your next project, an investor seeking strong rental income and future upside, or a first-home buyer wanting to secure a property with development potential, this substantial 1,014m2 landholding offers multiple pathways to capitalise on one of Beenleigh's established and evolving residential precincts.
**A PROPERTY THAT WORKS FOR TODAY AND TOMORROW**
Unlike a traditional development site that may generate no income while plans and approvals are being progressed, this property comes with an existing 3-bedroom, 1-bathroom, 1-car residence, providing the flexibility to:
• Move straight in and enjoy the existing home
• Rent the property immediately
• Generate holding income while investigating future development
• Land bank the site for future development
• Explore townhouse, apartment or other medium-density opportunities (STCA)
With a rental appraisal of approximately $700 per week, the property provides an opportunity to generate an income stream while you consider your long-term strategy.
DEVELOPERS - INVESTIGATE THE POTENTIAL:
Indicative Development Yield: Based on the stated density provisions, the site may accommodate approximately: (STCA)
15 - 1-bedroom units, or
10 - 2-bedroom units, or
7- 3-bedroom dwellings
Potential development outcomes may include:
• Boutique apartment development
• Townhouse development
• Multi-dwelling residential
• Duplex development
• Retirement living
• NDIS / Specialist Disability Accommodation (SDA)
• Aged care and residential care
• Community accommodation
• Affordable housing projects
WHY DEVELOPERS WILL TAKE NOTICE:
Key advantages include:
• 1,014m2 landholding
• Low-Medium Density Residential zoning
• Apartment Precinct
• Potential height of up to 18m / approximately 5 storeys (STCA)
• Established residential neighbourhood
• Existing residential dwelling providing holding income
• Water, sewer, power and road infrastructure available
• Strong surrounding development activity
• Excellent street frontage
• Close proximity to major transport and amenities
Neighbouring townhouse and apartment developments provide evidence of the area's transition toward higher-density residential living and further strengthen the site's appeal to developers and land bankers.
INVESTORS - BUY, RENT & HOLD:
For investors, this property offers the opportunity to secure a substantial parcel of land while receiving income from the existing residence.
With an indicative rental appraisal of $700 per week, the property could provide approximately $36,400 gross rental income per annum before expenses, subject to actual rental outcome and tenancy conditions.
The combination of land value, rental income and potential future development creates a compelling proposition for investors looking beyond a standard residential property.
FIRST HOME BUYERS - LIVE IN NOW, DEVELOP LATER
This isn't simply a development site.
The existing 3-bedroom home gives first-home buyers the opportunity to purchase, move in and make the property their own while securing a large landholding with potential future development upside.
For buyers who don't want to develop immediately, the property can potentially be enjoyed as a home today while future planning options are investigated.
LOCATION THAT SUPPORTS FUTURE DEMAND
Positioned in the heart of Beenleigh, the property is conveniently located close to:
• Beenleigh CBD
• Beenleigh Marketplace
• Beenleigh Train Station
• M1 Motorway
• Local and private schools
• Childcare centres
• Medical facilities
• Parks and sporting facilities
• Cafe and restaurants
For further information or to arrange an inspection, please 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.
Explore the area
School catchments
- Beenleigh State School Primary Prep-6 Government 0.47km
- Mount Warren Park State School Primary Prep-6 Government 0.58km
- Beenleigh State High School Secondary 7-12 Government 0.81km
- St Joseph's Tobruk Memorial School Primary Prep-6 Catholic 1.1km
- Windaroo State School Primary Prep-6 Government 1.3km
- Trinity College Secondary 7-12 Catholic 1.3km
- Eagleby South State School Primary Prep-6 Government 2.3km
- Windaroo Valley State High School Secondary 7-12 Government 2.3km
- Eagleby Learning Centre - Centre for Continuing Secondary Education Secondary Government 3.2km
- Eagleby State School Primary Prep-6 Government 3.5km
- Rivermount College Combined Prep-12 Independent 3.6km
- Edens Landing State School Primary Prep-6 Government 3.6km
- Loganholme State School Primary Prep-6 Government 4.5km
- Bethania Lutheran Primary School Primary Prep-6 Independent 5.3km
- Canterbury College Combined Prep-12 Independent 5.4km
- Kimberley College Combined Prep-12 Independent 5.7km
- Kimberley College - Carbrook Campus Combined Independent 5.8km
- Calvary Christian College - Carbrook Campus Combined Independent 5.8km
- Carbrook State School Primary Prep-6 Government 5.9km
- Chisholm Catholic College Secondary 7-12 Catholic 6.1km
- Carbrook Animal Assisted Learning Centre Secondary 7-12 Independent 6.2km
- Shailer Park State High School Secondary 7-12 Government 6.8km
- Loganlea State High School Secondary 7-12 Government 7.9km
- Ohana College Secondary 7-12 Independent 8.1km
- Ormeau Woods State High School Secondary 7-12 Government 8.2km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Sunny Singh
Contact Sunny Singh
Sunny Singh
72-74 Kent Street, Beenleigh QLD 4207
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Sunny Singh
72-74 Kent Street, Beenleigh QLD 4207