37 Alamau Street, Benowa QLD 4217

The original Benowa Farmhouse is now for sale. This sprawling 1,291m2 bluechip site is prime for redevelopment and our town planner has advised it would be perfect for a two lot subdivision (subject to council approval). Existing house on the property provides a holding income of $390 per week whilst obtaining DA.

The demand for vacant land for families to build their dream homes is absolutely unprecedented and with turn key solutions from project builders such as Metricon, Coral Homes, Plantation etc this makes for an extremely popular site!
This will also suit builders wanting to construct side by side projects or investors wanting to rent out after completion and enjoy the incredible tax deductions from the large depreciation schedule of the newly constructed assets

Located in a highly sought after family orientated pocket of inner city Benowa. Walking distance to the Benowa Primary and High School (falls within the catchment for both the primary and high school), Benowa Gardens Shopping Centre and the Pindara Hospital.

5km to the beaches of Surfers Paradise, 6km to the Gold Coast University/ Hospital, 6.7km to the Smith Street Motorway and close proximity to a number of Private Schools and popular Shopping Centres.

Land of this size in such a sought after location is incredibly rare and this an opportunity not to be missed! Our sellers have given clear instructions for all offers to be submitted and the property is to be sold on Auction day if not beforehand, don't delay!

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.