14 Melinda Street, Marsden, QLD 4132

*BUILDING AND PEST REPORT AVAILABLE WHEN YOU SUBMIT AN ENQUIRE*

Looking for your next big project? 14 Melinda Street, Marsden is the perfect opportunity for savvy developers or investors. This high-set property sits on an expansive 1,099m? block, with development approval already granted for subdivision. You can begin your new build at the rear of the property immediately, while the existing home continues to generate rental income. The property is at operational works tender phase.The large expense has already been spent to date for surveyors, engineers, council fees, house deposits.

The home itself offers 3 comfortable bedrooms, a family bathroom upstairs, and a second bathroom downstairs + rumpus room, ideal for tenants or for those looking to make the most of dual living potential. With ample space and a fantastic layout, the existing home could be renovated to further maximise its appeal.

Features:

1,099m? block with approved plans to subdivide and build

3 bedrooms, 1 bathroom upstairs, 2nd bathroom downstairs

Existing home with potential for dual-living renovation

Rented for $500pw till 26/5/2025 - REDUCED TO COMPENSATE FOR THE FACT THE PROPERTY WOULD BE DEVELOPED.

Subdivision approval in place - start your development (DA EXPIRES APPROX 4 YRS TIME)

Main residence to stay on598m2 block + 501m2 vacant block at the rear

Proposed 4 bed 2 bath 2 living area 2 car garage home already designed!

Two car garage facility

Gated, level driveway for secure off-street parking

Massive back yard all fenced and safe for kids & pets

Air conditioning & ceiling fans

Renovated bathroom upstairs

Rental Appraisal is $560 per week

Location Highlights:

-Bus Stop 450m walk

-Close to local Parks

-3 min drive to local Child Care Centres

-3 min drive to Marsden State School

-4 min drive to Burrowes State School

-3 min drive to Marsden State High School (QLD's #1 School 2020)

-4 min drive to Marsden Park Shopping Centre

-5 min drive to Marsden on Fifth Shopping Centre

-7 min drive to Kingston train station

-9 min drive to Logan Hospital

-28 min drive to Brisbane City

-49 min drive to Gold Coast

*THERE ARE 3 OPPORTUNITIES TO PURCHASE ALL WITH EXISTING DEVELOPMENT APPROVALS IN PLACE - CONTACT REBECCA FOR MORE INFO ON ALL 3 SITES ON OFFER*