Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Taringa
This property is a vacant land parcel located in the suburb of Taringa, Queensland, measuring 405 square meters. It was purchased in October 2024 for $1,152,000, which was negotiated to be $100,000 below the guide price provided by the seller's agent, and well below the client's budget of $1.2 million.
The purpose of the purchase was for a self-built house, making this an ideal opportunity for buyers looking to develop a residential property in a sought-after location. The land acquisition was made for a Foreign Investment Review Board (FIRB) buyer, indicating compliance with regulatory requirements for foreign investment in Australian real estate.
The site offers a prime location in Taringa, a well-established residential area known for its convenient access to amenities, transport, and local services. The land size provides ample space for a comfortable home design with potential for landscaping and outdoor living areas.
Investors and home builders alike will appreciate the strategic negotiation that secured this property below market expectations, presenting a valuable investment opportunity. The location and size of the land make it suitable for a variety of residential building plans, catering to modern lifestyle needs.
Overall, this vacant land in Taringa represents a rare chance to secure a quality parcel in a desirable suburb, with the flexibility to design and build a bespoke home tailored to personal preferences and requirements.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Taringa QLD 4068
Market Insights for Taringa QLD 4068
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
