DEVELOPEMENT DREAM!

Positioned on an expansive 1,955m² parcel (just under half an acre), this exceptional property presents a rare opportunity to secure a substantial landholding in one of Waterford West's most tightly held and high-growth pockets.

Boasting valuable dual-street access and a practical, near-level block, the site offers outstanding potential for subdivision into four lots (STCA). Alternatively, it provides an ideal setting for buyers seeking space and flexibility - perfect for extended family living, a home-based business, or future infrastructure additions.

The existing residence is warm, comfortable and full of character, featuring polished timber floors, air-conditioning and a highly versatile layout. Upstairs comprises open-plan living and dining, a well-appointed kitchen, three bedrooms and a family bathroom. Downstairs offers a spacious second living area, office/study, laundry and seamless flow to the large covered alfresco zone - an ideal space for entertaining or unwinding year-round.

Outdoor Features

Step outside to a fully fenced, private and beautifully maintained block that balances space with functionality. The property includes a powered 6m x 5m shed, multiple carports and extensive open yard space - ideal for tradies, storage, pets or simply enjoying the outdoors. There is ample room for gardens, a pool or future improvements, all while maintaining a peaceful acreage-style atmosphere.

Investment & Development Potential

For investors or land-bankers, the property offers immediate income with a quality long-term tenant in place, leased until August 2026 and returning $670 per week. This allows you to generate strong holding income while planning future development opportunities.

Strategic Growth Location

Set within a rapidly expanding South-East Queensland growth corridor, this is an outstanding opportunity for a savvy purchaser with the vision to capitalise on rising demand and limited land supply. Development-ready sites of this calibre are becoming increasingly scarce in Waterford West.

Property Highlights

• 1,955m² block (just under ½ acre) with dual-street access
• Subdivision potential for four lots (STCA)
• Spacious dual-level residence - 3 bedrooms + office | 1 bathroom | 3 car accommodation
• Approx. 299m² under roof
• Timber floors, air-conditioning and flexible living spaces
• Expansive covered alfresco area and deck
• Powered 6m x 5m shed plus multiple carports
• Fully fenced, private and well-maintained grounds
• Quality tenant secured until August 2026 at $670 per week

Unbeatable Convenience

Moments from Waterford Plaza, Tygum Lagoon and parklands, public and private schools, Marsden Park Shopping Centre, dining and entertainment precincts, Logan Hospital and major motorway access connecting Brisbane, the Gold Coast and Ipswich.

A truly rare offering combining lifestyle appeal, strong income and exceptional future upside - live in, invest or develop. The potential here is outstanding.

Explore the area

School catchments

Waterford West State School Primary Prep-6 Government 0.65km
Marsden State High School Secondary 7-12 Government 1.5km
Waterford State School Primary Prep-6 Government 2.1km
Marsden State School Primary Prep-6 Government 2.2km
Loganlea State High School Secondary 7-12 Government 2.4km
Logan Reserve State School Primary Prep-6 Government 3.0km
Canterbury College Combined Prep-12 Independent 3.1km
Kingston State College Secondary 7-12 Government 3.1km
Kingston Centre for Continuing Secondary Education Secondary Government 3.1km
Bethania Lutheran Primary School Primary Prep-6 Independent 3.2km
Crestmead State School Primary Prep-6 Government 3.5km
Groves Christian College Combined Prep-12 Independent 3.5km
Kingston State School Primary Prep-6 Government 3.6km
Ohana College Secondary 7-12 Independent 3.8km
Burrowes State School Primary Prep-6 Government 3.8km
Australian International Islamic College - Logan Reserve Campus Combined Independent 4.0km
Groves Christian College - Upper Primary Campus Combined Independent 4.2km
St Francis College Combined Prep-12 Catholic 4.2km
St John of Kronstadt Academy Primary Independent 4.3km
Corymbia State School Primary Prep-6 Government 4.4km
Arethusa College - Berrinba Campus Secondary Independent 5.0km
St Philomena School Combined Prep-12 Independent 5.2km
Mabel Park State High School Secondary 7-12 Government 5.6km
The BUSY School - Shailer Park Campus Secondary Independent 5.7km
Woodridge 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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