239 Ashmore Road

Benowa, QLD, 4217

  • 4bed
  • 3bath
  • 2car

Offers Above $725,000

Medium Density Site in Inner City Benowa

Attention Builders, Developers & Savvy Investors -a rare opportunity exists with this medium density development site @ 239 Ashmore Road Benowa. Surrounded by an unmatched level of infrastructure this site enjoys an elevated position and is within a short walk 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 3 Townhouses through code assessment and there may be an opportunity of increasing the density to four dwellings depending on layout

Don't miss this rare opportunity to secure this development site in Benowa. Please call Mark or Skye to find out more about this exciting opportunity.

Existing Property Features:

- 4 bedrooms and 2 bathrooms upstairs
- Separate self-contained accom downstairs with bedroom, kitchenette and bathroom - dual living
- Large level backyard which backs onto Benowa State High School
- Double lock up garage


Development Potential:

- Apply to build 3 x townhouses to max height of 9 metres (could be code assessable through GCCC)
- Landbank for future development
- Existing house estimated rental returns of $500 - $550 per week approx.

The Botanical Gardens is located just a short walk 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.