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131 Station Road
Woodridge, QLD 4114
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Overview
131 Station Road Woodridge QLD 4114
Strategically positioned on the highly sought-after Station Road, this property represents an exceptional land value opportunity in the heart of Woodridge. It is ideal for seasoned developers seeking a flat, predictable site or savvy investors looking for secure cash flow with significant upside potential.
This property currently benefits from immaculate tenants paying $510 per week, with a lease expiring in July. This provides immediate flexibility to either renew at an increased market rate or transition into development plans.
The tenants are long-term residents who maintain the property exceptionally well and are eager to stay, offering guaranteed land banking income while finalizing future plans.
The block is impressively flat and rectangular, making it a perfect candidate for a knockdown and rebuild. Recent government incentives for new residential supply make building a modern home or exploring higher-density options (subject to council approval) a strategic move aligned with future market demand.
Location is a key advantage, with a short stroll to Woodridge Train Station, ideal for city commuters. The property is also within walking distance to local shopping plazas, schools, and Logan Central's business hub.
The area is a high-demand rental corridor with rapidly tightening vacancy rates, indicating strong growth potential.
For convenience, a 3D virtual tour is available, allowing prospective buyers to explore every corner of this well-maintained home and appreciate its potential from the comfort of their own home.
Location
Woodridge QLD 4114
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 80 sqm |
Market Insights for Woodridge QLD 4114
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