87&89 Milne Street, Beenleigh, QLD 4207 | House for sale | OnTheHouse
 
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87&89 Milne Street
Beenleigh QLD 4207

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 799m2
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Prime Development Opportunity in a Booming Suburb

Rarely do two adjoining blocks of this calibre become available in Beenleigh Central. Offering a combined 2,024m² of land with 40m of frontage, this property duo presents an extraordinary development opportunity for developers, investors, or savvy buyers looking to capitalise on the suburb’s booming market.
Currently featuring two existing dwellings — a 6-bedroom, 2-bathroom home and a 4-bedroom, 1-bathroom home — these properties generate approx. $1,100 per week in rental income, providing interim cash flow while planning your next move. The land is zoned Low-Medium Residential, offering a range of development possibilities including townhouses, terrace homes, apartments, or community-focused facilities.
Historically, both lots held Development Approval for 21 units, giving insight into the tremendous potential this site offers. Even with an expired DA, the foundation is set for a visionary buyer to restructure, optimise, and maximise the value of this prime location.
Location is everything:
Just a 15-minute walk (or 3-minute drive) to Beenleigh Train Station
Minutes to Beenleigh Marketplace, schools, and public transport
Quick access to the M1 Motorway, placing Brisbane CBD and the Gold Coast within a 30–40 minute drive
Close to recreational hubs including Albert River Park, playgrounds, and sporting facilities
This is a once-in-a-lifetime opportunity in one of Beenleigh’s most sought-after development corridors. Surrounding infrastructure is expanding rapidly, and this area is poised for continued growth, making it an ideal choice for developers seeking to capitalise on high-demand, centrally located land or investors looking for strong long-term returns.
With existing homes generating income, a huge landholding ready for redevelopment, and an unbeatable central location, 87 & 89 Milne Street offers the perfect blend of security, potential, and strategic advantage.
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Property Details for 87&89 Milne St, Beenleigh

87&89 Milne St, Beenleigh is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 799m2. The place is currently for sale with Altora Global.

Building Type
House
Land Size
799m2
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About Beenleigh 4207

The size of Beenleigh is approximately 7.7 square kilometres. It has 23 parks covering nearly 17.5% of total area. The population of Beenleigh in 2016 was 8252 people. By 2021 the population was 8425 showing a population growth of 2.1% in the area during that time. The predominant age group in Beenleigh is 20-29 years. Households in Beenleigh are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Beenleigh work in a labourer occupation.In 2021, 43.80% of the homes in Beenleigh were owner-occupied compared with 43.40% in 2016.

Beenleigh has 4,577 properties. Over the last 5 years, Houses in Beenleigh have seen a 126.17% increase in median value, while Units have seen a 148.19% increase. As at 31 October 2025:

  • The median value for Houses in Beenleigh is $768,391 while the median value for Units is $516,196.
  • Houses have a median rent of $550 while Units have a median rent of $458.
There are currently 64 properties listed for sale, and 13 properties listed for rent in Beenleigh on OnTheHouse. According to Cotality's data, 271 properties were sold in the past 12 months in Beenleigh.

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Thomas Dennis
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Ben Walker
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Altora Global
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