Sold
29 Creek Street,
Bundamba 4304, Queensland
$765,000
Property details
-
Agents
Ray White Wilston
2/74 Kedron Brook Road, Wilston Queensland 4051
FOR SALE
DEVELOPMENT OPPORTUNITY - CORNER BLOCK WITH DUAL STREET ACCESS
Positioned on a generous corner allotment with dual street frontage, this Medium Density Residential zoned property presents a genuine opportunity for developers, investors, and families alike. Set in one of Ipswich's fastest-evolving suburbs, this is a property that delivers immediate rental income today while holding significant potential for tomorrow.
Property Highlights
Medium Density Residential Zoning
This zoning classification opens the door to a range of future possibilities, including multiple dwellings, townhouse development, or a secondary dwelling for additional rental return (subject to council approval). Whether you're a developer seeking your next project or a family wanting the flexibility to add a second dwelling for multi-generational living or extra income, this block offers the scope to make it happen.
Corner Position with Dual Street Access
Fronting two streets, this block offers valuable flexibility for future subdivision, separate access points for multiple dwellings, and simplified site planning - a genuine advantage for anyone considering development.
Not Flood Affected
Providing confidence and certainty for owners, tenants, and future development approvals.
Currently Tenanted - Immediate Income
The existing three-bedroom home is currently tenanted and generating solid rental income, meaning this property can work for you financially from day one while you plan your next move - whether that's holding, developing, or renovating down the track.
Comfortable, Liveable Home with Ongoing Upgrades
The existing dwelling offers three bedrooms, a central bathroom, and two car spaces, providing a genuinely comfortable home today. The property has also been benefiting from ongoing improvements, with a utility and laundry room already begun underneath the house - adding valuable additional storage and functional living space. Solar panels are also installed, helping to keep energy costs down for the current tenant or future occupant, and adding further appeal for buyers seeking a more energy-efficient home.
Location and Lifestyle
Bundamba is firmly on the radar of buyers and developers, with strong infrastructure investment and residential growth continuing to reshape the suburb. This property is ideally positioned for both convenience and connectivity:
Schools: Close to Bundamba State School, Sacred Heart Primary School, and Bundamba State Secondary College, with Silkstone State School also nearby - making this a practical location for growing families.
Shopping: Just minutes from Booval Fair Shopping Centre and Riverlink Shopping Centre, along with Bunnings Bundamba only a short drive away for all your home and trade needs.
Transport: A short distance to Bundamba Railway Station, offering easy rail access along the Ipswich/Rosewood line for commuters heading into Ipswich or Brisbane.
Major Roads: Convenient access to the Ipswich Motorway and Brisbane Road, with Ipswich CBD approximately 5-6km away and Brisbane CBD around 35km away - placing you within easy reach of both city centres.
Perfect For Developers seeking a multi-dwelling project with strong fundamentals
Investors targeting a high-growth suburb with immediate rental returns
Families wanting the flexibility to add a second dwelling for extra income or multi-generational living
Opportunities combining corner positioning, dual street access, medium-density zoning, ongoing home improvements, solar power, and immediate rental income are increasingly hard to find in a suburb experiencing this level of growth.
Disclaimer: This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering.
Explore the area
School catchments
- Bundamba State School Primary Prep-6 Government 0.60km
- Queensland Pathways State College - Bundamba Campus Secondary Government 0.60km
- Bundamba State Secondary College Secondary 7-12 Government 1.3km
- Sacred Heart School Primary Prep-6 Catholic 1.6km
- Silkstone State School Primary Prep-6 Government 2.5km
- Ipswich East State School Primary Prep-6 Government 2.6km
- St Peter Claver College Secondary 7-12 Catholic 3.4km
- Ipswich Girls' Grammar School including Ipswich Junior Grammar School Combined Prep-12 Independent 3.4km
- Tivoli State School Primary Prep-6 Government 3.6km
- Ipswich Central State School Primary Prep-6 Government 4.0km
- Arethusa College - Ipswich Temporary Facility Secondary Independent 4.1km
- Ipswich North State School Primary Prep-6 Government 4.1km
- Riverview State School Primary Prep-6 Government 4.2km
- The Industry School - Ipswich Secondary 10-12 Independent 4.3km
- The BUSY School - Ipswich Campus Secondary Independent 4.5km
- Raceview State School Primary Prep-6 Government 4.5km
- Bethany Lutheran Primary School Primary Prep-6 Independent 4.5km
- Indie School, Logan - Ipswich Central Campus Secondary Independent 4.6km
- YOS Lawnton - Riverview Campus Secondary Independent 4.7km
- St Mary's Primary School Primary Prep-6 Catholic 4.8km
- St Mary's College Secondary 7-12 Catholic 4.9km
- St Joseph's School Primary Prep-6 Catholic 4.9km
- St Edmund's College Combined 5-12 Catholic 5.0km
- Karalee State School Primary Prep-6 Government 5.2km
- Ipswich Grammar School Combined Prep-12 Independent 5.2km
- Challenge Trade and Business College Secondary 12 Independent 5.4km
- The BUSY School - Collingwood Park Temporary Facility Secondary Independent 5.4km
- Bremer State High School Secondary 7-12 Government 5.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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