124A,126,128 Bainbridge Street, Ormiston, Qld 4160

Option 1: Demolish existing dwellings and subdivide 3 lots into 12 (DA APPROVED)
Option 2: Retain existing dwellings and subdivide 124A & 128 into 8 lots (DA APPROVED)
Option 3: Keep existing dwellings and land bank while generating rental income and subdivide 124A into 2 lots (STCA)

A rare opportunity presents itself to secure a substantial allotment with significant future development potential. Positioned on a sprawling 6,703m² block, this prime site at 124A, 126 & 128 Bainbridge Street, Ormiston offers immense scope for astute investors and developers. With City Council DA approval in place to subdivide the existing 3 lots into 12 lots, this is an exceptional opportunity for developers, land bankers, or savvy investors looking to establish a strong presence in one of the Redlands' most sought-after growth locations.

The property backs onto a tranquil residential street that has undergone significant reformation with many original houses being replaced by high-end homes, luxury apartment complexes and commercial properties, forever changing the landscape of this area.

3 Individual Titles & Dwellings:

*** 124a Bainbridge Street
• 1610sqm
• Vacant Land

*** 126 Bainbridge Street
• Solid Brick Two Storey Dwelling | 1810sqm 
• 5 Bedrooms | 2 Bathrooms | Single Carport | 2 Large Sheds
• Renovated Bathrooms & Kitchen | Spacious Balcony
• Rental Income Approx. $950 weekly 

*** 128 Bainbridge Street 
• Solid Brick Lowset Dwelling | 3283sqm
• 4 Bedrooms | 1 Bathroom + 2 Powder Rooms | Double Carport
• Enclosed Patios | Multiple Storage and Living Spaces 
• Rental Income Approx. $750 weekly. 

Location Highlights:
• School Catchment for Ormiston State School & Cleveland District State School
• Close proximity to the highly esteemed Ormiston College
• Local Parklands at every corner
• 500M to Local Bus Stop
• 1.2KM to Ormiston Train Station
• 1.3KM to Shore Street Central
• 2.6KM to Cleveland Shopping Centre 
• 3.1KM to Redland Hospital

You have the option to obtain rental income, demolish and develop the block, or land bank for future prospects within an increasingly sought-after locale. These kinds of opportunities don't come by often. 124a, 126, 128 Bainbridge Street is sure to tick all your boxes! Don't miss this opportunity to secure your piece of Ormiston paradise!

Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.

*DISCLAIMER*
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.