Australia | Beenleigh

Expression of Interest

87 & 89 Milne Street, Beenleigh, Qld 4207

# Location

Description

The Perfect Development Investment for A Savvy Investor! An exciting opportunity awaits either a savvy developer or Investor! Someone with foresight to see that the housing crisis is not going to go away anytime soon! And that prices for good quality homes in good location will continue on an upswing!

The trick is not to invest in premium mature suburbs where land prices have hit the roof but to look for upcoming suburbs that tick all the boxes in terms of location, proximity to amenities and transport infrastructures, etc.

The Vendor is offering to the right Buyer/s 87 & 89 Milne Street (to be sold as One Lot), Beenleigh, that present a valuable exceptional development opportunity! The properties combine a total land area of 2024m2 spread across two adjoining lots with an impressive 40m frontage!

Although it has has an expired DA in placed, going forward the land offers

fantastic potential and opportunities for someone to re-organise and inject better value in a thriving market for this Low-Medium Residential Zoning.

Perfectly located within 3 minutes drive to Beenleigh Station and Shopping Centre, the area around the property is thriving with lots of modern housing, schools, public transport and essential community facilities. All within easy reach!

Additionally, the M1 Motorway is nearby with Brisbane City and Surfers Paradise, Gold Coast within an half hour drive. An expired Development Approval (DA) for 21 units is currently in placed. However, the possibilities are there for anyone with a great vision of what the area and land will be in the next 5 to 10 years.

Don't miss the chance to secure this fantastic development site. With its prime location, vast potential, and the ever-growing demand in the area, this property represents Value either an investment opportunity or to develop in the short to medium term.

Note: Currently the properties are earning a rental income from the existing fibro homes on the land amounting to approx $1100 per week.

Disclaimers: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accepting no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

View More #

Calculator

Your monthly budget # We use your income and expenses to calculate how much remains each month after you make loan repayments.

Repayments

$

Expenses

$ -

Remaining

$ -

Find out if you can afford this property

Enter your income and expenses to figure out your monthly budget/the affordability breakdown for this property.

Estimated Property Price

Listed price from 753,100 # We use your income and expenses to calculate how much remains each month after you make loan repayments.

0

Loan amount

Deposit# The Available deposit figure below shows your total deposit minus upfront costs. Please click on the link for detail.

0

Available deposit

Interest# Based on current RBA Lenders' Interest Rates. For Owner occupied properties it is 6.28% and Investment properties 6.52%.

0.0%

#Reset to default

Your details

Edit
  • $/m
  • $/m
  • years
  • Owner occupier

View calculator assumptions

Repayments and expenses exceeding income

It looks like your repayments and expenses will stretch your budget. But don't worry, a mortgage broker may be able to help.

Location

  • Contact the agency

    To request an inspection

  • # Call # Email

Jose Morales

Agent Name

5 (14 Reviews)

# Report Listing

Looking for a property?

  • Top listings
  • Investment
  • Development
  • Personal home
  • Price reports
  • Suburb reports

Do you own a property?

  • Place a free listing
  • Services for private advertisers
  • Guide to selling your home
  • Insurance
  • Improve the photos of your listing
  • Value your property for free

Are you a real estate proffesional?

  • Publish your agencies properties
  • Already a client? Log into your account
  • Advertising on Kooie
  • Kooie data technology for property insights
  • Real Estate courses