38 Verney Street, Kings Beach, QLD, 4551

Development Opportunity - DA In Place Till 2019 For 16 Units Over 7 Levels

Amber Werchon Property presents to the market 38 Verney Street, King Beach.

This prime development site is just one of a handful of sites available in the Kings Beach area with development maximum height limits of up to 21 metres.

The site area is 809m2 with 20.1 metre frontage and has DA approval for the construction of 16 multiple dwelling units with a gross floor area of 1910m2.

The approved seven storey complex has a great modern design and consists of 12 x 2 bedroom apartments, 3 x 3 bedroom apartments and 1 x 4 bedroom penthouse apartment, including 27 car parks plus a wash bay.

Located at the top end of Verney Street in Kings Beach where the potential for spectacular ocean views of Kings Beach, Moreton Island, the Pumicestone Passage and surrounds can be achieved from the third floor upwards.

The land is perfectly positioned within easy walking distance to patrolled Kings Beach, parks, schools, shopping, cafes, restaurants, taverns, movies and all conveniences. For the commuter, Brisbane is approximately an hour drive away.

All the ground work has been done. Our Vendor's instructions are clear; this great site must be sold and all offers will be seriously considered but they would also consider a joint venture.

Configuration:
12 x 2 Bedroom Quality Units
3 x 3 Bedroom Quality Units
1 x 4 Bedroom Quality Penthouse

Car Parking Provision:
21 Resident Car Parks (in Basement)
5 Visitor Car Parks
1 Car Wash Bay

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Sold Properties:

Address Suburb Sold Date Bed Bath Car Sale Price
1/45 Victoria Terrace KINGS BEACH 6-05-2017 2 1 1 $465,000 View Property
15/21-23 Mahia Terrace KINGS BEACH 16-01-2017 3 2 1 $642,500 View Property
15/24 Mahia Terrace KINGS BEACH 17-12-2016 3 2 2 $1,110,000 View Property
11/21-23 Mahia Terrace KINGS BEACH 6-12-2016 3 2 1 $535,000 View Property
2/15 Orvieto Terrace KINGS BEACH 7-11-2016 3 2 2 $685,000 View Property
5/82 Albert Street KINGS BEACH 8-10-2016 2 2 1 $305,000 View Property
11/35 Maltman Street KINGS BEACH 5-10-2016 2 2 1 Undisclosed View Property
5/38 Victoria Terrace KINGS BEACH 5-09-2016 3 2 1 $580,000 View Property
13/21-23 Mahia Terrace KINGS BEACH 29-06-2016 3 2 1 $745,000 View Property
16/21-23 Mahia Terrace KINGS BEACH 31-05-2016 3 2 1 $1,300,000 View Property
4/13 Moreton Parade KINGS BEACH 27-04-2016 3 2 4 $570,000 View Property
2/64 Edmund Street KINGS BEACH 14-04-2016 2 1 1 $332,000 View Property
14/50 King Street KINGS BEACH 12-02-2016 3 2 2 $535,000 View Property
4/16 Moreton Parade KINGS BEACH 8-02-2016 3 1 1 $310,000 View Property
12/10 Princess Lane KINGS BEACH 13-01-2016 2 2 1 $560,000 View Property
Level 4/11/10 Warne Terrace KINGS BEACH 7-11-2015 2 2 1 $470,000 View Property
1/15 Orvieto Terrace KINGS BEACH 23-10-2015 3 2 2 $590,000 View Property
2/38 Victoria Terrace KINGS BEACH 28-08-2015 2 2 1 $588,485 View Property
401/3 Arthur Street KINGS BEACH 14-01-2015 3 2 2 $640,000 View Property
3/25 Saltair Street KINGS BEACH 24-02-2010 2 2 1 Undisclosed View Property

Current Sales

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