387-393 Kamerunga Road, Redlynch, Qld 4870

Colliers Cairns are pleased to present to the market the property located at 387-393 Kamerunga Road, Redlynch. 

In a market where 400m2 allotments are becoming the norm, this property offers a chance to more than buck that trend, with a combination of an existing character home on over 1,000m2 with an additional separate title of over 2,300m2 with potential for development to suit a range of uses (total 3,395m2).

Just 100m* from Redlynch's most iconic corner and conveniently close to schools, shopping and facilities, this tightly held property could suit a wide range of end users, be it a private character home, living an (almost) acreage lifestyle in the middle of suburbia or residential development from duplex, to quadplex, villa style development or indeed a full scale unit site - with previously approved plans for 26 units and potential for more (STCA). 

The existing home sits on the smaller (1,070m2) allotment, with the highset home featuring traditional features such as timber floors, clay brick veneer and large living areas and bedrooms as well as an enclosed patio enjoying cool breezes. There are 3 bedrooms and 1 bathroom upstairs, with the kitchen and bathroom having been updated approximately 10 years ago. Downstairs is fully enclosed and features a large laundry room and open storage/workshop space with a single panel-lift garage door. In liveable condition, the property would benefit from updates and TLC, with strong bones offering the potential for significant upside in the hands of an experienced renovator. Currently on a periodic lease, vacant possession is available. 

The balance land is mostly flat to very gently sloping and is unimproved, bounded by established housing to the rear, and a creek on the eastern boundary. With the benefit of 2 separate titles, you could retain and renovate the home as a character residence on a large block with room for pool and shed while developing the other side, or alternatively go all-in to redevelop the whole site.

Offered for Sale by Expressions of Interest, offers are due by 4pm on Friday 30th August 2024. Offers to purchase lots individually or in-line will be considered. The seller reserves the right to accept offers prior to the close date, and buyers are encouraged to engage early rather than risk missing out. Open Homes will not be conducted, and inspections are strictly by prior appointment with a minimum of 24 hours' notice.

As the property is being sold without a price, a written price guide cannot be given under QLD Law. Buyers are encouraged to make their own investigations as to value and development potential.   

Information Memorandum and contract documents available from the agent - contact Tom Quaid. 

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All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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