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Overview
This unique property presents a fantastic opportunity, featuring two separate homes situated on a substantial and level 1,294 square metre parcel of land. With approximately 32.4 metres of frontage and a depth close to 40 metres, the expansive site maximises development or investment potential, subject to council approvals.
Positioned just a short distance—within 200 metres—from Taigum Square shopping centre, the location offers convenient access to retail and local amenities, enhancing the lifestyle appeal for residents or tenants.
Currently, the two dwellings benefit from rental leases in place, generating a combined annual rental income of $59,280, providing an attractive income stream for investors. This setup can also appeal to those seeking multi-generational living options or the prospect of subdividing and redeveloping (subject to council approval).
The sizable land area and dual home configuration create versatility, ideal for buyers looking to capitalise on development opportunities or those requiring significant outdoor space alongside multiple residences. The property's scale and layout offer scope for enhancement or repurposing, making it a rare find in the Zillmere market.
Local Market Insights
In Zillmere, Quiet Listings observed 55 new houses entering the market over the last 30 days, up from 38 during the previous 30-day period, with an average advertised asking price of $1,265,036. The property type mix of listed properties is predominantly Houses at 72%, followed by townhouses (14%), and villas (5%). The most active agency for houses in the Zillmere area is currently Ray White, representing 44% of new listings, followed by McGrath Estate Agents with 16%. 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.
Location
Market Insights for Zillmere QLD 4034
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