FOR SALE
Expression of Interest

87 & 89 Milne Street
Beenleigh QLD 4207

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 2040m2
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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.

Property Details for 87 & 89 Milne St, Beenleigh

87 & 89 Milne St, Beenleigh is a 5 bedroom, 3 bathroom House. The property has a land size of 2040m2. The place is currently for sale with Australian Property Alliance Management.

Building Type
House
Land Size
2040m2

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About Beenleigh 4207

The size of Beenleigh is approximately 7.7 square kilometres. It has 23 parks covering nearly 17.5% of total area. The population of Beenleigh in 2011 was 8,245 people. By 2016 the population was 8,249 showing a population growth of 0.0% in the area during that time. The predominant age group in Beenleigh is 20-29 years. Households in Beenleigh are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Beenleigh work in a labourer occupation. In 2011, 48.7% of the homes in Beenleigh were owner-occupied compared with 43.4% in 2016.

Beenleigh has 4,483 properties.

    There are currently 42 properties listed for sale, and 31 properties listed for rent in Beenleigh on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Beenleigh.

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    Jose Morales
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