69 Bagnall Street
Ellen Grove, QLD 4078

Overview

MOTIVATED SELLERS - MAKE YOUR OFFER- RESIDENTIAL LAND - 1.23HA ( 12,300 m2)

A rare opportunity presents itself at 69 Bagnall Street, Ellen Grove, featuring an expansive 1.23 hectares (12,300 square meters) of flat, usable land. Zoned as Emerging Community, this property offers significant development potential, subject to council approval.

Located within one of Brisbane's fastest-growing corridors, this site is ideally positioned to benefit from future growth and development. It attracts strong interest from both owner-occupiers and investors, making it a highly sought-after parcel of land.

Key features of this property include:

• Development potential with Emerging Community zoning.
• Generous land size of approximately 1.23 hectares (12,300 square meters).
• An existing modern residence comprising two bedrooms, two bathrooms, and a two-car garage, providing potential rental income while development applications are processed.
• Surrounded by established and newly developed housing estates, enhancing the community feel and value.
• Recent comparable sale evidence includes 138 Bagnall Street, Ellen Grove, a similar-sized block that sold for around $4 million to a developer.
• Prime location approximately 2 to 3 kilometers from Forest Lake State High School.
• Close proximity to local medical centers, childcare facilities, and major shopping precincts.
• Excellent access to public transport and major arterial roads including the M5, Ipswich, and Centenary Motorways.

This property represents a rare chance to secure a substantial landholding in a strategic location. Properties with this calibre and zoning are becoming increasingly difficult to find, making this an excellent opportunity for developers to capitalize on current market demand and deliver a quality project.

Opportunities of this nature are limited and do not remain available for long. Interested parties are encouraged to act promptly to secure this exceptional site.

Location