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Overview
Spanning approximately 27.26 hectares (70 acres), this rural residential property on Eel Creek Road presents a unique development opportunity just on the edge of Southside's shopping and medical precincts. Its zoning and associated concept plan outline possibilities for subdivision (subject to council approval), offering lot sizes from modest 4000 square metres to expansive parcels over 6 hectares.
At the heart of the property sits a three-bedroom brick home accompanied by a double garage and in-ground pool, embodying a lifestyle that blends rural tranquility with convenient access to urban amenities. The property has been meticulously maintained by a single family for nearly four decades, historically supporting cattle grazing activities.
Key attributes include multiple access points from both Roselea Avenue and Eel Creek Road, facilitating flexible entry to various parcels. Some larger lots enjoy frontage to Pie Creek, alongside small stock dams, enhancing options for agricultural hobbyists or those seeking peaceful rural retreats.
This blend of established residential infrastructure and substantial landholdings is suited to discerning buyers looking for development potential, lifestyle acreage, or a foothold in a semi-rural area with city conveniences close at hand. The existing home could function as a site office or be retained for comfortable living while development occurs.
Prospective purchasers should note inspections are strictly by appointment, ensuring tailored access and privacy.
Local Market Insights
In Southside, Quiet Listings observed 89 new houses entering the market over the last 30 days, up from 78 during the previous 30-day period, with an average advertised asking price of $1,436,730. The property type mix of listed properties is predominantly Houses at 85%, followed by land (10%), and home for sales (2%). The most active agency for houses in the Southside area is currently Ray White, representing 19% of new listings, followed by Harcourts with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.