2 Blaxland Avenue
molendinar
QLD, 4214

Unlock the potential of this DA approved (OTH/2024/45) subdivision Development Site, offering a prime 2 street frontage corner location at Blaxland and Wentworth Avenue Molendinar. With a generous 812sqm or 2 lots @406m2 ea proposed, this property is ideally suited for Community Residence (approved by State Govt) or Luxury Triplex, Duplex or Villas.

Proposed floorplan for 9 Units (Accepted Community Residence approved by State Govt subject to private certifier)
Perfect for developers looking to create modern community housing for the NDIS programme, with a maximum potential for up to 11 units generating a gross income upto $900,000 per annum when finished and fully occupied.

Or Build 2 Luxury townhouse or a Triplex for maxumum return on sale, or take advantage of the 406m2 sites to craft 2 exclusive, high-end villas for a premium lifestyle, (STCA)

Income-Generating:
The site currently generates income of $750/week, making it a fantastic opportunity for income whilst you create your masterpiece.
With easy access to local amenities, schools, hospital, and public transport, this location offers convenience and high demand for residential development.

Key Features:
• 812sqm corner block subject to subdivision and to be subdivided to 2 X 406m2
• Zoned for 2 luxury villas or a Triplex community residence for up to 12 Community Residence Apartments.
• Current income-generating 3 bedroom house on site to be demolished when making eway for any developement.
• Prime location with 2 street frontage on Blaxland & Wentworth Ave
• Purchaser will need to complete or ammend the final approved subdivision.

• Buildings and schematics depicted are examples only of what could or may be built and buyers are to make their own investigations and engage planners and certifiers to suit their own ideas, requirements and needs. This is a blank canvas site for those wanting to enter the high gross NDIS space under a Community Residence scheme.
• Expressions of Interest - closes June 1st 1pm

• Don't miss out on this rare opportunity. Contact us today to explore the full potential of a hard to get development site !

• Click on Enquire Now for inspection times and FAQ on this property.

Disclaimer: We have used our best endeavors in preparing this information to ensure that the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information and suitability of the property for their needs that is contained herein. Photos may have been digitally enhanced for improved appearance and buyer experience.