Prime Landholding with Outstanding Future Subdivision Potential - Kingston Positioned on a generous allotment in a well-established Kingston pocket, 22 Alice Street presents an exceptional opportunity for buyers seeking long-term land value and future subdivision potential (STCA), while enjoying substantial holding income today. The property is currently tenanted at $560 per week, delivering an attractive rental return. The tenancy is on a periodic lease, providing maximum flexibility - move in as an owner-occupier, or retain the existing tenant who is happy to remain should the property be purchased as an investment. The existing three-bedroom residence has recently been renovated and is well-maintained, making it an ideal holding property while plans are being considered. Features include tiled living areas, carpeted bedrooms, and a modern kitchen with stainless steel appliances. What truly sets this property apart is the substantial land size and layout, offering excellent scope for future development or subdivision (subject to council approval). This is a rare chance to secure a property where the land value is the key driver, while rental income helps offset holding costs. The home also includes a large, fully fenced backyard, an undercover outdoor entertaining area, a garage, and a garden shed, adding to its current liveability and tenant appeal. Located close to schools, public transport, and local shopping centres, and within the high-demand Logan growth corridor, this property represents a strategic acquisition for developers, investors, and forward-thinking buyers. Key Highlights: Strong future subdivision/development potential (STCA) Currently rented at $560 per week. Periodic lease - move in or retain tenant Tenant is happy to stay if purchased as an investment 3-bedroom renovated home Modern kitchen with stainless steel appliances Tiled living areas, carpeted bedrooms Large, usable landholding Fully fenced yard Undercover entertaining area Garage plus garden shed Close to shops, schools, and transport Additional feature: bath Secure the land today, generate immediate income, and unlock its development potential tomorrow. Opportunities like this are increasingly rare in Kingston. *Important* While every care is taken in preparing the information in this marketing, AHS Property will not be held liable for any errors in typing information. All information is considered correct at the time of advertising.
RealistIQ deal score
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/100
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RealistIQ estimate range: $454,000 - $843,000Wider ranges mean more uncertainty.
RealistIQ estimate$649,000
$454,000$843,000
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