A RARE opportunity to purchase one or two development sites on large blocks.
837 Kingston Rd WATERFORD WEST
Features: In-ground Pool, Mini-bar, Outdoor-Entertainment Area
This 2023m2 development site is on a level block of land on Kingston Road (A main arterial road) of Waterford West, with 20m street frontage. There are several options presented for development. 839 Kingston Rd Waterford West is also for sale giving a combined total of 4155m2. 837 Kingston Rd Waterford West and the adjacent land is Zoned R600 with potential for commercial premises or low-med density residential development. This block can be sub-divided into 3 House blocks without Impact Assessment. Also it is possible to keep the current house in place and subdivide and build on the front portion of this block. Further, it has potential for 6 x two-storey townhouses per block (subject to Council Impact Assessment). Council Pre-lodgement concept drawings for 6 x two-storey townhouses have already been done. There is possibility for more than 12 dwellings on combined block size of 4155m2. Trees can be removed from block without council permission.

This property has an established house which is currently rented for $355 per week (always tenanted). The tenants are currently on a periodic lease (month to month due to the sale).
The home includes:
* 3 double size bedrooms + Rumpus room (could be converted to a 4th bedroom)
* 1 combine bathroom and toilet
* 1 main living area
* HUGE outdoor entertaining area and storage shed
* Salt water in-ground pool with landscaped gardens and safety fence
* Double car port.
* Mini-bar and wood fireplace in lounge
* Rainwater tank and outdoor BBQ

This is an opportunity not to be missed! At this price it will not last long.

For all inspections or to discuss development options please call
Deon Koelmeyer on 0432 031 975

Virtual Tour Link: http://www.open2view.com.au/tour/photo/67274/5

Close to Hyperdome, walk to parks, river, walk to shops, childcare, transport. Easy access to freeways of GoldCoast and Brisbane.