Prime land, Builders, Developers or First Home Buyers

A rare opportunity exists to purchase this 1255sqm block. Ideal to redevelop or build your dream home on in the future. A short drive to Benowa Gardens Shopping Centre, The Botanical Gardens, Pindara Private Hospital and Benowa State High & Primary Schools.

The existing house will provide a solid holding income whilst you prepare plans for your boutique development. Preliminary discussions with a Town Planner indicate this site may be suitable for the construction of 2/3 Townhouses through code assessment.

Home consists of :

– Double brick home 4 bedroom and 2 bathrooms all on one level
– Kitchen, stainless steel appliances, dishwasher
– Separate living, dining, family room area and meal area off kitchen
– Inground swiming pool, front timber deck, fenced yard
– Large fully fenced backyard, internal laundry
– Double lock up garage with additional off street parking

Development Potential:

– Apply to build 2 or 3 x townhouses (could be code assessable through GCCC)
– Landbank for future development
– Existing house estimated rental returns of $500 – $550 per week approx.

The Botanical Gardens are located a short drive from this property, consisting of 31 hectares of parks, children’s play area, leash free dog park, beautiful gardens and natural billabongs, making the Botanical gardens a popular destination for locals and visitors.

Disclaimer:

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

Property Features

• Deck
• Dishwasher
• Double Lockup Garage
• Fully Fenced
• Swimming Pool