508-512 Kingston Road, Kingston QLD 4114

This large-scale property at 508-512 Kingston Road presents a unique opportunity for developers, builders, and seasoned investors. Spanning an expansive 2,128 square meters, the land is strategically positioned within Kingston, offering significant scope for both income generation and future residential development.

The site currently produces an approximate annual rental income of $95,000, providing investors with a steady revenue stream from existing tenants. This established income contributes to the property's appeal, supporting an investment strategy that balances immediate returns with future growth potential.

An approved Plan of Development caters to a mixed residential project comprising 12 dwellings: six three-bedroom townhouses alongside six one-bedroom studios. This configuration is designed to meet diverse housing needs, providing flexibility for developers to explore tailored accommodation solutions within a cohesive site plan. The development incorporates thoughtful features including garages and private outdoor spaces for the townhouses, alongside provisions for visitor and bicycle parking, aligning with contemporary lifestyle demands and local planning requirements under Logan City Council.

The property's substantial landholding in an established suburb combined with the approved development application (MCUC/27/2025) offers a valuable canvas for multifaceted residential projects. Buyers are encouraged to review the development plans and lease agreements to fully assess the feasibility and operational considerations of combining current income with future construction ventures.

Spanning three existing residential properties within the broader site, the homes contribute to the overall 11 bedrooms, 3 bathrooms, and 6 garage spaces tally, supporting the existing tenant base. This setup particularly suits investors aiming to maximize property utility before embarking on redevelopment phases.

In essence, this offering bridges immediate investment returns with the prospect of substantial redevelopment, suiting experienced developers and property professionals seeking a strategic foothold in the Kingston residential market.