162 Bedford Street
Berserker, QLD 4701, Australia

MLS#: 596338

$789,000

Type
RESIDENTIAL_LOT
Minimum sellable space
5,595m²
The details

Property features

Date Updated: Dec 13, 2024

Area

Land/Lot size
5,595m²

Description

Development opportunity to build multiple dwellings on this property.
Demand for homes in Rockhampton has been increasing over the past few years and with expected population to continue to grow for the next 15 years. Holding land in Central Berserker is a valuable asset.
The plans are drawn and the retaining walls prepared to start in the coming months. This property will have signifcant value for the astute property developer looking for an opportuinty to capitalise on the current property market.
Berserker has seen significant growth over the past three years with some properties nearly doubling in value in the area and the demand for housing (rentals) still below 1% it seems that a residential development would be a good option for this block.
5,595 sqm of land and an expected 4,500sqm to be flood free after the development works. It has a lot of potential options for a developer to maximise their return.
Two street access from Dean St and Bedford gives it some versatility in how it can be used.
For more information on this property and to get drawings and design work that has been completed. Please reach out to Nathan on 0429 223 183.

Location

162 Bedford Street, Berserker, QLD 4701, Australia
map image
Courtesy of Nathan Price CENTURY 21 Solutions