SOLD BY KENY GUERRA TEAM..

Welcome to 1 Canopus Court, Kingston, an exceptional opportunity for investors, developers and buyers looking for a property with land, income and future potential.

Set on a substantial 1,012m² block with two-street frontage, this property offers a combination that is becoming increasingly difficult to find. With an established three-bedroom home, a modern approved one-bedroom granny flat and significant land, there are multiple ways to utilise the property now while exploring its potential for the future.

DEVELOPMENT POTENTIAL - TWO STREET FRONTAGE

One of the standout features of this property is the large 1,012m² block and two-street frontage, providing an excellent opportunity for buyers to investigate potential subdivision or future development options, subject to Logan City Council approval and relevant planning requirements.

The two-street frontage provides valuable flexibility and may offer potential for improved access and future development configuration.

Whether you're an experienced developer or an investor looking for a property with future upside, this is an opportunity worth investigating.

STRONG CURRENT RENTAL POSITION

The property is currently returning $875 per week, with the existing tenancy in place until 5 December 2026.

Based on the property's accommodation, land size and current rental market, there may be potential to achieve approximately $1,000-$1,050 per week in future rental income, subject to market conditions, presentation, demand and agreement with the tenant.

The combination of a substantial main residence and a separate approved granny flat creates genuine dual-living flexibility.

MAIN RESIDENCE

The front residence is a well-maintained, low-maintenance three-bedroom home featuring:

Three bedrooms
Two-way bathroom
Spacious living areas
Updated features throughout
Functional kitchen
Large entertaining area
In-ground swimming pool
Solar power
Double lock-up garage
Excellent side access
ONE-BEDROOM GRANNY FLAT

Positioned privately at the rear is an approved, fully self-contained one-bedroom granny flat, only a few years old.

The granny flat is accessed via a remote-controlled side gate and benefits from plenty of off-street parking.

This additional accommodation provides flexibility for extended family, adult children, guests or rental purposes.

THE OPPORTUNITY

For the astute buyer, this property offers several possibilities:

1. Hold and collect rental income
Continue leasing the property while benefiting from the existing dual-living configuration.

2. Explore subdivision potential
Investigate the potential to subdivide the substantial 1,012m² site, taking advantage of the two-street frontage, subject to council approval.

3. Explore future development options
The generous landholding and access configuration provide a strong foundation for investigating future development possibilities.

4. Owner-occupy and generate additional income
Live in one residence while renting the other, subject to applicable approvals and tenancy arrangements.

PROPERTY FEATURES

ÃƒÆ'¢Ãƒ…"" 1,012m² block
ÃƒÆ'¢Ãƒ…"" Two-street frontage
ÃƒÆ'¢Ãƒ…"" Potential subdivision opportunity - STCA
ÃƒÆ'¢Ãƒ…"" Three-bedroom main residence
ÃƒÆ'¢Ãƒ…"" Approved one-bedroom granny flat
ÃƒÆ'¢Ãƒ…"" Current rent $875 per week
ÃƒÆ'¢Ãƒ…"" Tenancy until 5 December 2026
ÃƒÆ'¢Ãƒ…"" Potential future rent approximately $1,000-$1,050 per week*
ÃƒÆ'¢Ãƒ…"" In-ground swimming pool
ÃƒÆ'¢Ãƒ…"" Double garage
ÃƒÆ'¢Ãƒ…"" Large entertaining area
ÃƒÆ'¢Ãƒ…"" Side access
ÃƒÆ'¢Ãƒ…"" Fully fenced
ÃƒÆ'¢Ãƒ…"" Multiple income and development possibilities

Properties offering over 1,000m² of land, two-street frontage, existing dual living and potential development upside are rarely available in Kingston.

If you're looking for a property where you can buy, hold, generate income and investigate future development potential, make sure you inspect 1 Canopus Court, Kingston.

Contact Keny Guerra Team today for further information and to arrange your inspection.

*Any future rental estimate is indicative only and subject to market conditions, property presentation, tenancy arrangements and independent rental assessment. Any subdivision or development potential is subject to Logan City Council approval, planning requirements and all relevant authorities.

Explore the area

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School catchments

Groves Christian College Combined Prep-12 Independent 0.70km
Kingston State School Primary Prep-6 Government 0.70km
St John of Kronstadt Academy Primary Independent 0.82km
Groves Christian College - Upper Primary Campus Combined Independent 0.84km
Berrinba East State School Primary Prep-6 Government 0.89km
Kingston State College Secondary 7-12 Government 1.1km
Kingston Centre for Continuing Secondary Education Secondary Government 1.1km
Woodridge State High School Secondary 7-12 Government 1.6km
Woodridge State School Primary Prep-6 Government 1.6km
St Paul's School Primary Prep-6 Catholic 2.4km
Mabel Park State School Primary Prep-6 Government 2.5km
Burrowes State School Primary Prep-6 Government 2.7km
Mabel Park State High School Secondary 7-12 Government 3.0km
Harris Fields State School Primary Prep-6 Government 3.1km
Marsden State School Primary Prep-6 Government 3.2km
Arethusa College - Berrinba Campus Secondary Independent 3.2km
Marsden State High School Secondary 7-12 Government 3.2km
Woodridge North State School Primary Prep-6 Government 3.3km
Arethusa College - Springwood Campus Secondary Independent 3.9km
Faith Christian School of Distance Education - Daisy Hill Campus Combined Prep-12 Independent 3.9km
Crestmead State School Primary Prep-6 Government 3.9km
Faith Christian School of Distance Education - Woodridge Campus Secondary Independent 3.9km
Loganlea State High School Secondary 7-12 Government 4.1km
Faith Christian School of Distance Education Combined Independent 4.3km
Islamic College of Brisbane Combined Prep-12 Independent 4.4km
St Francis College Combined Prep-12 Catholic 4.5km

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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