House for Sale
- About this property
- Explore Macgregor
Da Approved 116 Apartments! Golden Property Development Opportunity in Top Location.Property ID 1720988Invest with security now. reap the rewards today and tomorrow.
This one is for the serious buyers who know how to work the real estate and developer market.
Firstly, the address is 15-23 Benaud Street Macgregor, a fantastic location to live, work and raise a family.
Garden City Westfield is on your doorstep; Sunnybank Market Square is just a stone's throw further up the road. And you're just 15 minutes drive to the CBD.
Amenities are literally endless, great public and private schools and Griffith University is in close proximity, as are two major hospitals,
But here is where this opportunity makes sense, right now 15-23 Benaud Street comprises five family homes, and combined they're pulling $130,000, yes $130,000 in rental income per year.
Security that protects your long-term strategy.
And you're already three steps ahead of the game, combined the blocks total a massive 4981m2, the current owner already has DA approval for 116 units rising 6 levels.
For apartment buyers that high enough to catch bay breezes in Summer.
The DA represents modern suburban living, 24 large three bedroom units for families, 71 two bedroom units for couples and 21 one bedroom units. A perfect mix for owners and investors to buy off plan. The building name is Green Park Macgregor, designed by a well-known company Kris Kowalski Architects, which highly recognized from individual residence to multi apartments projects and iconic buildings.
Now look at the actual geography of the block, 15-23 Benaud street is on the bend allowing for a wide central entry point with plenty of internal car parking for residents and guests. The little things that actually mean a lot once it's built.
In short the shape of the land helps shape the flow for an attractive, desirable and valuable development.
There is a reason high rise development is performing well and sales are strong in this area, Macgregor is a modern suburb, access to highways and public facilities were originally well planned and geographically you are central to the CBD, the Gold Coast and emerging Western Corridor.
Quality cosmopolitan cafes and restaurants represent the broad community that calls this area home, it's a safe, attractive location long-term to live and work. Key reasons it's popular with owners and investors.
Keep tenants in the five homes until you are ready to develop and when you do reap the rewards of smart investing.
Martin Ma and Eric Li are available to help make this opportunity yours.
All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
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.