42 Booker Street
Keperra, QLD 4054

Overview

42 Booker Street (68 Madsen Street), Keperra

Set on a generous 799 square metre corner block, this property located at 42 Booker Street, also known as 68 Madsen Street, Keperra, offers a rare and exciting opportunity in one of Brisbane's most rapidly evolving suburbs.

The property currently holds a Development Approval to subdivide into two lots, providing exceptional flexibility for developers, investors, or those looking to land bank for the future.

The existing post-war home features three bedrooms and one bathroom. It is currently tenanted until July 2026, generating a rental income of $620 per week, which provides immediate holding income while planning your next move.

There are multiple options available with this property: you may choose to remove the existing home and build two new residences, relocate and renovate the current dwelling, or hold the property to capitalise on future growth. The possibilities are truly endless.

Positioned in a quiet and convenient pocket, the location offers proximity to parks, local shops, public transport, and all amenities that make Keperra one of Brisbane's most promising growth corridors.

This property represents an exceptional development or investment opportunity in the heart of Keperra, combining a substantial land size with a strategic location and flexible development potential.

Location