SOLD Under The Hammer At A Premium Price of $1.35M!

44 Bids
18 Registered Bidders
5 Active Bidders

Discover an exceptional development prospect on this level 2,023sqm parcel, zoned as Low-Medium Density Residential, presenting an ideal canvas for an exclusive townhouse complex of up to 8 units. Witness the neighboring 51 Nyanza St, a testament to the potential of this boutique development - see the last photo for reference.

Whether you choose to build for steady rental income or capitalize on the thriving residential market, this property offers unparalleled potential. Benefit from its proximity to amenities and a convenient 25-minute drive to Brisbane City, making it a strategic investment opportunity.

Currently leased at $430 per week until April 2025, this property offers immediate returns. The motivated seller is committed to auction, unless sold prior!

Key Features:
- Expansive 2,023sqm level land
- 31-meter frontage
- Zoned as Low-Medium Density Residential
- Ideal site for 8 townhouses (subject to council approval)
- Surrounded by similar townhouse developments
- Close to commercial and warehouse districts
- Existing 3-bedroom, 1-bathroom home on the property
- Rear shed in the backyard

Location Highlights:
- 5 minutes walk to local shopping complex
- 10 minutes walk to Islamic College of Brisbane
- 15 minutes walk to Karawatha Forest Discovery Centre
- 15 minutes walk to Trinder Park Train Station
- 2 minutes drive to Bunnings Underwood and Officeworks
- 5 minutes drive to Underwood MarketPlace Shopping Centre

Close proximity to major shopping centers:
- Garden City Westfield
- Sunnybank Plaza
- Rochedale Shopping Village
- Eight Mile Plains Shopping Centre
- Just a 25-minute drive to Brisbane CBD, 45 minutes to the Gold Coast

Seize this opportunity to invest in a rapidly growing area with substantial potential. Save the auction date and secure your stake in this thriving community!

Disclaimer:
Whilst every care is taken in the preparation of the information contained in this marketing, Ray White AKG will not be held liable for any errors in typing or information. All information is considered correct at the time of display.

Explore the area

School catchments

Faith Christian School of Distance Education - Woodridge Campus Secondary Independent 0.71km
Faith Christian School of Distance Education Combined Independent 0.74km
Islamic College of Brisbane Combined Prep-12 Independent 0.79km
Woodridge North State School Primary Prep-6 Government 0.97km
Kuraby State School Primary Prep-6 Government 1.4km
Harris Fields State School Primary Prep-6 Government 1.9km
St Paul's School Primary Prep-6 Catholic 2.1km
Woodridge State School Primary Prep-6 Government 2.5km
Woodridge State High School Secondary 7-12 Government 2.7km
Springwood Central State School Primary Prep-6 Government 3.0km
Eight Mile Plains State School Primary Prep-6 Government 3.0km
Springwood Road State School Primary Prep-6 Government 3.1km
Arethusa College - Springwood Campus Secondary Independent 3.4km
Runcorn Heights State School Primary Prep-6 Government 3.5km
Springwood State High School Secondary 7-12 Government 3.5km
Mabel Park State High School Secondary 7-12 Government 3.5km
St Peter's Primary School Primary Prep-6 Catholic 3.6km
Mabel Park State School Primary Prep-6 Government 3.7km
Berrinba East State School Primary Prep-6 Government 3.7km
Runcorn State High School Secondary 7-12 Government 3.7km
Chatswood Hills State School Primary Prep-6 Government 3.7km
Faith Christian School of Distance Education - Daisy Hill Campus Combined Prep-12 Independent 3.9km
Rochedale State High School Secondary 7-12 Government 3.9km
Redeemer Lutheran College Combined Prep-12 Independent 4.5km
Groves Christian College - Upper Primary Campus Combined Independent 4.6km
Groves Christian College Combined Prep-12 Independent 4.7km
Stretton State College Combined Prep-12 Government 4.7km
John Paul College Combined Prep-12 Independent 4.9km

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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