Property Investment Total: 3,200,000
Land Value: $1,500,000+
Building Cost: Approx $1,600,000
Development of Site: $150,000
Potential and Probable Rental Return: $ 396,000 per annum
Return on Investment: 11-12%
An investment opportunity like no other, 913 Beenleigh Road in Runcorn is a developer’s dream. This expansive 809m² block is approved for a 2-Block Subdivision, presenting a multi-faceted investment potential. From building traditional residential homes to creating an NDIS-focused community, the sky’s the limit.
Situated in the flourishing suburb of Runcorn, this 809m² property is the investment you’ve been waiting for. With Development Approval already secured for a 2-Block Subdivision, the property presents a one-of-a-kind opportunity for visionary investors. There is a house on the property that needs demolishing but can also be rented out while you get your ducks in a line.
Area Demographics and Community Features
• Schools: Runcorn Heights State School and Runcorn High State School, Warrigal Road State School, Sunnybank Hills State School.
• Shopping Centers: Pinelands Shopping Plaza, Sunnybank Hills Shopping Centre, Calamvale Shopping Centre.
• Recreational Areas: Proximity to various parks and recreational amenities.
Situated on Beenleigh Road this home has great main road exposure making it ideal for a home business operator to attract more business. This excellent location is close to the train station and bus stops for easy commuting. It is a few minutes away from schools, parks, multiple shopping centres, public pools, local tavern and more.
Location and Transportation
• Public Transport: Seamless connectivity via nearby bus and Runcorn train lines.
• Major Roads: Immediate access to arterial roads and highways like the Gateway Motorway and the M3.
• NDIS Relevance: Identified as a prime spot for NDIS-approved housing.
Key Features, Approvals, and Potential
• Land Size: An extensive 809m² of prime real estate.
• Development Approval: All set for a 2-Block Subdivision.
• NDIS Potential: Near-final approval stages for NDIS.
Traditional Residential Build
• Single-Storey: Market valuation upwards of $1,200,000.
• Double-Storey: Market valuation upwards of $1,200,000.
• Annual Returns: Anticipate between 12-20%.
• Long-Term Lease Income: Highly stable income potential.
For those interested in the NDIS investment avenue, the property is in the final stages of receiving NDIS approval. Comprehensive guides and financial models tailored to NDIS investments are available upon request.
Take part in this extraordinary investment opportunity. Reach out to secure your future today.
Disclaimer: All information found in this document has been collected from sources that we believe to be reliable. However, we are not able to offer any guarantee about the information contained and therefore interested parties should also make their own investigations and research.