In the heart of the Northern Gold Coast Corridor surrounded by cane farms, lays an opportunity of epic proportions! Seize your chance to secure this prime, 40 acre parcel of land and pursue the multiple income streams it offers today, while enhancing its raw development potential for tomorrow!
The Accommodations
The spacious dimensions of the inviting main residence provide the perfect backdrop for family living and deliver single level success. Air-conditioned, with sturdy brick construction and an abundance of natural light, this private abode sets a high standard for easy living and comfort, where four bedrooms are serviced by a main bathroom and ensuite. Fenced with a double garage, septic system, rain water tank and exclusive use of the large front shed, the property currently rents for $670 per week.
Additionally, a self-contained, two bedroom granny flat provides a second source of income. With exclusive use of the right-hand side of the block, the property achieves a return of $520 per week.
Adding to this impressive resume, the industrial shed is partially leased and returns a further $375 per week. Finally, the bore returns 50,000L of potable and saleable water each day, offering the opportunity to further enhance your earnings!
The Opportunity
While currently zoned Rural, the Alberton area is ripe for development owing to its central position and the opportunity for job creation and much needed affordable housing, with a Development Management Agreement currently underway. Securing large parcels of land within emerging communities ensures you're able to fully realise the potential and financial gains of a large scale development. To explore development opportunities please make your own enquiries with the GCCC (STCA).
The Location
Positioned within easy reach of nearby Steiglitz, Stapylton, Yatala's Enterprise Area, Beenleigh and the M1 the property offers:
· 7 minutes to Logan River Boat Ramp
· 7 minutes to Cabbage Tree Point Boat Ramp and on to the Southern Moreton Bay Islands via boat
· 10 minutes to Woongoolba State School
· 10 minutes to General Store
· 11 minutes to M1 access
· 13 minutes to Beenleigh Town Centre
· 15 minutes to Pimpama Shopping Centre and Bunnings
A truly impressive and one-of-a-kind home, investment or future development site (STCA) - this property represents potential at its most tempting! For further information, or to arrange your private tour, contact Kelly Praed today.
