170 Heeb Street, Benowa QLD 4217

Ring the bell, and tell your mates as this feature property has great potential. Attention astute investors and development minded people. A charming family home sits on a flat 1444m2 pot of gold in Central Benowa ! Potential for development and profit, or land bank for the future and just love the existing home and its sprawling front and rear yard space. Buyers with an extended family are also very suited, as dual living has been fitted.

Development Notations :

- The immediate character of the area and vicinity to the Tafe College makes this flat 1444m2 block highly desirable
- Initial communication with an independent town planner for the site has been very encouraging
- Current development options subject to council approval may include a 2 or 3 lot subdivision as freehold
- A smart option would be to keep the existing house on a created lot 1 ( front 631m2) see concept photo 3
- With a 2 lot subdivision ( lot 2 703m2) would be at the rear of existing block, with a 4.5 metre access driveway - see concept photo 2
- Currently zoned as low density residential, an application for material change of use would as standard be impact accessible
- There is already a precinct of smaller 400m2 lots in the street
- A townhouse allotment may be a future option with a good planning model, subject to GCCC approval
- Plans of redevelopment would need to comply overall with current low density guidelines and the strategic framework
- Approximate existing block dimensions are 25.2 metres of road frontage - sides boundaries are about 52 & 60 metres
- Land like this doesn't come up every day. Interstate buyers are encouraged to request a facetime inspection

The home is a three bedroom and two bathroom cape cod style abode, and has been restored with some quirky features. Oozing character and charm the home is setback from the road, with a very usable front and rear yard. The fireplace is a home feature, and so are the two additional self contained dual living spaces that have been fitted to service multiple members of the family. The rear yard shed is fully fitted out as a residential haven with a self contained kitchenette, lounge, 1 x bedroom and combined bathroom and laundry ( see photos 15 and 16 ) The second one bedroom dual living space is slightly smaller and has a separate kitchenette and bathroom.

Principal Home Checklist :

- 3 bedroom and 2 bathroom character home that is structurally sound
- Oversize master bedroom with feature ensuite shower splash back
- Double lockup garage, with extra storage options
- Large kitchen with gas cooktop
- Total of three split system air conditioning units
- Concreted front driveway space, ideal for parking vehicles
- The property is well fenced for the family pets
- Solar power electricity - 10 panels - 2.85KW total
- The property ( as is ) has a single lease expectation at $870.00 -$920.00 per week

Various small sheds and storage spaces ensure the property caters for everyone's needs. Ample space for adding a swimming pool and homing a boat, extra cars, trailers and camper vans.

Local facilities and attractions are at your fingertips within 3 kilometres : Gold Coast Botanical Gardens, Pindara Private Hospital, Tafe College across the road + bus stop. Various shopping centres, sporting fields, Gold Coast Turf Club and Southport Golf Club are also nearby.

This is an opportunity not to be missed. The sellers are ready to hand the keys on to the next lucky buyer. Agent conjunctions are welcome, call Tim Grevell today for more info.

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we 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.