87 & 89 Milne Street

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.