38-40 & 42 Bergin Street
Booval, QLD 4304

This prime medium density development site spans approximately 3,971 square meters across two separate lots, offering a unique opportunity for developers, investors, and land-bankers. Located in one of Booval's most active and rapidly growing residential precincts, the property presents exceptional potential for future development, subject to council approval.

The site comprises two titles: one measuring approximately 2,630 square meters and the other about 1,341 square meters. Each lot includes an existing three-bedroom, one-bathroom residence, both generating immediate rental income while providing strong future redevelopment possibilities. The dual-title landholding offers flexibility for either staged or consolidated development, making it an ideal investment for those seeking scale and long-term growth within a proven residential corridor.

Surrounded by established townhouse and medium-density developments, this property benefits from a strong planning precedent and ongoing demand for quality housing in the Ipswich growth region. Zoned Medium Density Residential, the combined site supports higher-density redevelopment outcomes with an indicative yield of approximately 20 to 22 townhouses, subject to council approval and design considerations.

Key highlights of this offering include:

• Total land area of approximately 3,971 square meters
• Dual titles consisting of 2,630 square meters and 1,341 square meters
• Medium Density Residential zoning
• Indicative yield of 20 to 22 townhouses, subject to council approval
• Two separate existing three-bedroom, one-bathroom dwellings providing dual holding income streams
• Excellent opportunity for staging, consolidation, or land banking

This site represents a rare chance to secure a substantial landholding with significant development potential in a sought-after location. Its positioning within a thriving residential precinct ensures strong future growth prospects and the ability to capitalize on the increasing demand for medium-density housing.

Prospective buyers are encouraged to conduct their own enquiries and seek professional advice to fully understand the development opportunities and potential of this property.