59 Bougainville Street

Beenleigh QLD 4207

Positioned on a generous 809sqm block, 59 Bougainville Street, Beenleigh presents a highly strategic opportunity combining immediate holding income with substantial future development potential. Zoned Low-Medium Density Residential, the flat and fully usable land offers clear scope for two houses, rooming accommodation, duplexes or townhouse development (STCA), while the existing dwelling provides functional liveability and rental return in a high-demand, centrally located pocket.The existing residence comprises a practical three-bedroom, one-bathroom layout with a carport and a large outdoor entertaining area. Positioned toward the front of the block, the home allows for strong site utilisation at the rear, where a substantial portion of level land remains open and well-suited for future construction or redevelopment.Further enhancing the property's appeal, key infrastructure upgrades have already been completed, including a council-approved sewer line adjustment designed to accommodate multiple dwellings, along with a newly constructed concrete sleeper retaining wall and Colourbond fencing. These improvements significantly reduce future development costs and streamline the pathway toward redevelopment.Property Highlights- 3 bedrooms with functional layout- 1 bathroom- 1 carport accommodation- Large outdoor entertaining area- Flat and fully usable 809sqm block- Existing dwelling positioned at front of block- Council-approved sewer line upgrade suitable for 34 dwellings (STCA)- Concrete sleeper retaining wall and Colourbond fencing (approx. 40m)Investment Highlights- Rental appraisal of $550$600 per week- Low-Medium Density Residential zoning supporting townhouse development (STCA)- Significant cost savings with completed infrastructure upgrades- Strong long-term upside within a growth corridor between Brisbane and the Gold CoastLocation Highlights- Directly opposite St Joseph's School- Adjacent to Trinity College- Approx. 24 mins to Beenleigh State School & Beenleigh State High School- Approx. 35 mins to Beenleigh Marketplace & The Mall Beenleigh- Approx. 35 mins to Beenleigh Train Station- Walking distance to bus stops and local amenities- Easy access to M1 Motorway Brisbane & Gold Coast- Positioned within a major growth corridor ahead of Olympic infrastructure expansionA well-located Beenleigh property offering scale, flexibility, and clear development upside. With key infrastructure already in place, strong holding income, and a highly convenient position surrounded by schools, transport, and retail, this is a compelling opportunity for developers, investors, and land bankers seeking long-term value.Disclaimer: ALTO REAL ESTATE has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.