124A & 128 Bainbridge Street, Ormiston QLD 4160

Please contact us for a private inspection.  

A colossal opportunity beckons here, with this sprawling dual block of land presenting multiple paths forward for the right buyer. Developers, savvy investors or anyone with a real estate vision will be hard pressed to find bigger potential in a single purchase, so please get in touch fast.

What’s On Offer

We have two blocks of land being sold as a single investment, 124A and 128 Bainbridge Street in Ormiston. The two blocks combined cover a total of 4893-square-metres of suburban bayside land… a stunning lifestyle prospect, especially considering the flat nature of the land.

Each block currently has an existing home built on it. 128 Bainbridge has five bedrooms, one bathroom and a carport, and is currently rented out at $450 per week. 124A Bainbridge is currently vacant.

The Potential

With great space comes great potential! This land offers so much possibility, just apply your dream and vision and make it happen. Here are some options the new owner could consider:

– Purchase the land with a family member, split the blocks evenly and build houses next to each other (Subject to council approval).

– Develop the land, splitting it into as many as eight separate lots and building a property on each. This is a true opportunity for multi-lot development (Subject to council approval).

– Rent out the current properties and think about your next move.

The Area

The Bayside suburbs have gone from strength to strength, riding on the lifestyle and convenience benefits they offer. Ormiston is no different, and this is your opportunity to jump aboard.

This sublime location offers the following benefits:

Education:

– Ormiston College is just a short walk away. This is one of Australia’s top schools, ranked number 7 in Queensland (with the other six being located in pricier inner-city areas).

– The property also proudly sits in the Ormiston State School and Cleveland District State High School Catchment Areas.

Transport:

– Ormiston train station is a three-minute drive away.

– A bus stop that takes you to Capalaba and Brisbane City is just a short walk away.

– There’s easy access to the main arterial of Finucane Road.

Shopping:

– It’s a two-minute drive to Ormiston Shopping Village, where you’ll find a selection of shops, take-aways and a pharmacy.

– It’s five-minutes’ drive to Cleveland Central Shopping Centre, where there’s a Coles, Woolworths, a post office, bottle shop and more.

– The Coconut Coffee House Café is just around the corner.

Lifestyle:

– Raby Bay Harbour is a four-minute drive away. Here you’ll find the newly-built Raby Esplanade Park, sitting right next to the jetty. It offers plenty of green space, bike tracks and a basketball court.

– The massive Apex Park is three minutes’ drive away. It has plenty of space for walks, as well as a BMX track, kids’ playground, basketball court and more.

– Scribbly Gums Conservation Area has stunning bushwalks and is just a short drive away.

This is the sort of development opportunity that doesn’t come along often. If you’d like to captialise on it, please get in touch with The Henry Wong Team® today.

Disclaimer:

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Download:

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