38-40 & 42 Bergin Street, Booval, Qld, 4304

PRIME​ ​MEDIUM​ ​DENSITY​ ​DEVELOPMENT​ ​SITE​ ​-​ ​3,971SQM​ ​ACROSS​ ​TWO​ ​LOTS​ ​(2,630SQM​ ​&​ ​1,341SQM)​ ​WITH​ ​POTENTIAL​ ​FOR​ ​20-22​ ​TOWNHOUSES​ ​(STCA)

Positioned​ ​within​ ​one​ ​of​ ​Booval's​ ​most​ ​active​ ​and​ ​rapidly​ ​growing​ ​residential​ ​precincts,​ ​38-40​ ​&​ ​42​ ​Bergin​ ​Street​ ​presents​ ​a​ ​rare​ ​opportunity​ ​to​ ​secure​ ​a​ ​substantial​ ​dual-title​ ​landholding​ ​with​ ​exceptional​ ​development​ ​potential.

Comprising​ ​approximately​ ​3,971sqm​ ​across​ ​two​ ​separate​ ​titles,​ ​this​ ​expansive​ ​site​ ​offers​ ​outstanding​ ​flexibility​ ​for​ ​staged​ ​or​ ​consolidated​ ​development,​ ​making​ ​it​ ​an​ ​ideal​ ​opportunity​ ​for​ ​developers,​ ​investors,​ ​and​ ​land-bankers​ ​seeking​ ​scale,​ ​holding​ ​income,​ ​and​ ​long-term​ ​growth​ ​in​ ​a​ ​proven​ ​residential​ ​corridor.

Surrounded​ ​by​ ​established​ ​townhouse​ ​and​ ​medium-density​ ​developments,​ ​the​ ​property​ ​benefits​ ​from​ ​strong​ ​planning​ ​precedent​ ​and​ ​continued​ ​demand​ ​for​ ​quality​ ​housing​ ​within​ ​the​ ​Ipswich​ ​growth​ ​region.

38-40​ ​Bergin​ ​Street​ ​occupies​ ​approximately​ ​2,630sqm​ ​and​ ​includes​ ​an​ ​existing​ ​3-bedroom,​ ​1-bathroom​ ​residence​ ​generating​ ​immediate​ ​holding​ ​income,​ ​while​ ​also​ ​offering​ ​strong​ ​future​ ​redevelopment​ ​potential.

42​ ​Bergin​ ​Street​ ​is​ ​situated​ ​on​ ​approximately​ ​1,341sqm​ ​and​ ​features​ ​a​ ​separate​ ​3-bedroom,​ ​1-bathroom​ ​dwelling​ ​with​ ​independent​ ​access,​ ​also​ ​providing​ ​rental​ ​income​ ​and​ ​future​ ​development​ ​flexibility.

Zoned​ ​Medium​ ​Density​ ​Residential,​ ​the​ ​combined​ ​site​ ​supports​ ​higher-density​ ​redevelopment​ ​outcomes,​ ​with​ ​an​ ​indicative​ ​yield​ ​of​ ​approximately​ ​20-22​ ​townhouses​ ​(STCA),​ ​subject​ ​to​ ​council​ ​approval​ ​and​ ​design.

Key​ ​Highlights
Total​ ​land​ ​area:​ ​approximately​ ​3,971sqm
Dual​ ​titles:​ ​2,630sqm​ ​+​ ​1,341sqm
Medium​ ​Density​ ​Residential​ ​zoning
Indicative​ ​yield:​ ​20-22​ ​townhouses​ ​(STCA)
Two​ ​separate​ ​existing​ ​3-bedroom,​ ​1-bathroom​ ​dwellings
Dual​ ​holding​ ​income​ ​streams
Excellent​ ​staging,​ ​consolidation,​ ​or​ ​land-bank​ ​opportunity

Disclaimer:​ ​All​ ​information​ ​contained​ ​herewith,​ ​including​ ​but​ ​not​ ​limited​ ​to​ ​the​ ​general​ ​property​ ​description,​ ​price​ ​and​ ​the​ ​address,​ ​is​ ​provided​ ​to​ ​Ray​ ​White​ ​Springwood​ ​&​ ​Shailer​ ​Park​ ​by​ ​third​ ​parties.​ ​We​ ​have​ ​obtained​ ​this​ ​information​ ​from​ ​sources​ ​we​ ​believe​ ​to​ ​be​ ​reliable;​ ​however,​ ​we​ ​cannot​ ​guarantee​ ​its​ ​accuracy.​ ​The​ ​information​ ​contained​ ​herewith​ ​should​ ​not​ ​be​ ​relied​ ​upon​ ​and​ ​you​ ​should​ ​make​ ​your​ ​own​ ​enquiries​ ​and​ ​seek​ ​advice​ ​in​ ​respect​ ​of​ ​this​ ​property​ ​or​ ​any​ ​property​ ​on​ ​this​ ​website.