Benowa
  • 3bed
  • 2bath
  • 2car

Development Opportunity!

DA Approved Site for 4 new 2 level detached houses plus Existing Home!

A great opportunity to purchase back to back blocks of over 2,200 m2 of land Total. Prime location on the highest point on Ashmore Road, Benowa catching sea breezes and city skyline views. Just minutes drive to golden beaches, Broadbeach and Surfers Paradise. Just 2 minute walk to local Benowa High School and St Kevin's Primary School. Walk to local Benowa Gardens shopping centre and famous Botanical gardens and riverside walkways.

The site is pre approved to develop, market and build (4)new,(2)storey 240 m2 architecturally designed detached houses each with (3) bedrooms, study, 2.5 bathrooms, media room, double garage and fully landscaped surrounds.

The lot consists of joining back to back lots and reconfiguring the boundary so as to retain the existing dwelling on Ashmore Road and replacing the dwelling on Tambourah Drive with the new four houses.

The existing duel dwellings are currently returning $1,000+/week rental income, and 10% more with a refurb on the 313 Ashmore Road dwelling. This development can be easily done in stages to protect your cashflow.

With the other 4 dwellings pre-approved for building this gives you the opportunity to have 5 investment properties on the Gold Coast to either use as a rental income, sell or both.

Opportunities like this come up very rarely and it is a great way to make an investment on the sunny Gold Coast!

Please contact us anytime for approved plans and further information pack.