52 BINGO STREET

THE LAST STRATEGIC HOLDING | 2.2 HECTARES OF UNDENIABLE UPSIDE The window of opportunity for five-acre residential parcels in Holmview is officially closing. While the surrounding landscape has been rapidly transformed into high-density residential lots, 52 Bingo Street remains one of the final significant landholdings in the 4207 postcode. Positioned within the high-growth Logan corridor, this 22,000sqm site represents a rare "blank canvas" opportunity with multiple proven pathways to a high-yield exit. THE SELLER'S MANDATE: RESULT REQUIRED This property is being presented to the market with a clear objective: a high-velocity sale. For the strategic buyer, this is a chance to secure a Tier-1 development site or a blue-chip land bank in a suburb that has outperformed the broader Brisbane market with double-digit annual growth. A SITE DEFINED BY CONNECTIVITY The value of a development is dictated by its proximity to infrastructure. 52 Bingo Street sits at the epicenter of the region's most vital services: Transit Oriented: Located just 750m from Holmview Train Station and 150m from bus connectivity, offering a seamless commute to both Brisbane CBD (28km) and Southport (35km). Education & Health Hub: Within walking distance (850m) to Edens Landing State School and minutes from Trinity College and the $1 Billion+ Logan Hospital expansion. Retail Convenience: Only 2km to Holmview Central Shopping Centre, ensuring future residents have every amenity at their doorstep. PROVEN PATHWAYS TO PROFIT With Low-Density Residential zoning already in place and land rates held at approximately $3,000 per annum, the holding costs are low while the potential is immense. Initial planning assessments and existing concept plans highlight the site's versatility: Option A: Residential Subdivision potential for up to 17 premium lots (approx. 500sqm each). Option B: Medium-Density Concept Plans for 42 townhouses, catering to the massive undersupply of local housing. Option C: High-demand alternative uses including Retirement Living, Residential Care, or Relocatable Home Parks (STCA). THE BOTTOM LINE In a market where stock levels are at historic lows and buyer demand for the Logan corridor is at an all-time high, an asset of this scale will not remain available for long. This is a time-sensitive opportunity to capitalize on Southeast Queensland's infrastructure boom before the next cycle begins. All genuine expressions of interest are encouraged. Contact Altora Global for the full Town Planning Report and Concept Plans.