187 College Road
Karana Downs, QLD 4306

Overview

Subdivide, Invest or Enjoy the Ultimate Family Lifestyle

Positioned on a sprawling 1,988 square meter flood-free corner allotment in the sought-after suburb of Karana Downs, this exceptional property offers a rare combination of space, privacy, and exciting subdivision potential. Zoned Low Density Residential, there is potential for a subdivision into three lots, subject to council approval, making this an ideal opportunity for developers, investors, or families looking to secure land for the future while enjoying a comfortable lifestyle today.

The charming homestead-style residence, built circa 1981, boasts generous proportions and multiple living zones designed for relaxed family living. The home features four bedrooms, two bathrooms, and a triple lock-up garage, combining practicality with comfort. At the heart of the home is a beautifully updated timber kitchen equipped with stone benchtops, an electric cooktop, double oven, dishwasher, and space for a double fridge. This kitchen flows seamlessly into the air-conditioned open plan living and meals area, creating a welcoming and functional space for everyday living and entertaining.

Outside, the private fenced yard and sparkling in-ground swimming pool provide an ideal setting for outdoor entertaining and family enjoyment. The large covered outdoor entertaining area offers additional space for gatherings and relaxation. The property is fully fenced and exceptionally private, ensuring a secure environment for children and pets.

The main suite includes a walk-in robe and a modernised ensuite featuring a double vanity and double shower, providing a luxurious retreat within the home. Built-in robes and ceiling fans are present throughout the bedrooms, and laminate flooring extends throughout the living areas, enhancing the home's warm and inviting atmosphere.

Additional features include a solar power system, a remote garage, a secure parking area, a workshop, and a shed, adding to the property's functionality and appeal. The home is constructed with brick and tile, reflecting quality and durability.

Located conveniently close to schools, shops, golf courses, and riverside recreation, this property offers an enviable lifestyle with easy access to local amenities. The location is within walking distance to Karana Downs Golf Club, a local friendly grocer, bakery, and other specialty stores. Nearby Kookaburra Park and Boat Ramp provide opportunities for family fun-filled weekends, while the property remains within easy commuting distance to both Ipswich and Brisbane CBDs.

Approximate drive times to key locations include 1 minute to Kookaburra Park & Boat Ramp and Brisbane River Golf Club and Bistro, 3 minutes to Mount Crosby State School and Kindergarten, 7 minutes to Karalee Shopping Precinct, 15 minutes to Ipswich CBD and Dinmore Train Park & Ride, 20 minutes to UQ Ipswich Campus, 27 minutes to RAAF Base, and 40 minutes to Brisbane CBD.

This property presents a unique opportunity to subdivide, invest, or enjoy the ultimate family lifestyle in a peaceful and highly sought-after location. Whether you choose to move in immediately, rent out while progressing subdivision plans, or hold the land for future development, this offering is packed with flexibility and future potential.

Council rates are approximately $432 per quarter, with water and sewer access fees around $260 per quarter. Rent appraisal estimates range from $800 to $850 per week.

Opportunities of this size, flexibility, and future potential are incredibly rare in the current market. This property is an excellent choice for those seeking a spacious family home with subdivision possibilities in a prime location.

Location