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Overview
Set within a thriving residential growth corridor of Bellbird Park, this expansive property offers a unique blend of immediate usability, income potential, and significant future development prospects. Spanning a substantial 4,128 sqm landholding, the site includes a well-maintained house accompanied by a charming granny flat, ideal for extended family living or generating dual rental income streams.
The standout feature is its significant development potential, contingent on council approvals and due diligence. Preliminary assessments suggest the site could accommodate approximately 16 townhouses, with possibilities to expand up to 19, allowing developers and investors the opportunity to capitalize on escalating housing demands in the region.
This low-medium density residential zoned property presents an excellent strategic asset for prudent land bankers, developers, and builders seeking to leverage both immediate and long-term benefits. The existing dwellings provide flexibility, allowing occupant or investor to receive rental yields while planning or undertaking future development.
Bellbird Park's advantageous location, nestled between Greater Springfield and Ipswich, ensures continued growth supported by ample amenities such as shopping precincts, schools, transit stations, and easy highway access. The area's expanding health, retail, and community infrastructure boost its appeal, underpinning a strong market for new housing opportunities.
- Potential to develop approximately 16 to 19 townhouses (subject to approvals)
- Existing residence plus a beautifully maintained granny flat
- Flexible options: live-in, rent out for dual incomes or develop
- Situated in a prominent growth corridor with excellent connectivity
This rare offering provides a strategic investment avenue combining a sizeable land parcel, liveable improvements, and enhanced future development value in one of Queensland's sought-after growth precincts.
Local Market Insights
In Bellbird Park, Quiet Listings observed 82 new houses entering the market over the last 30 days, up from 77 during the previous 30-day period, with an average advertised asking price of $989,729. The property type mix of listed properties is predominantly Houses at 79%, followed by townhouses (10%), and duplexes (3%). Ray White was the most active agency in this area, representing 43.6% of all new listings in the last 30 days. 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
Bellbird Park QLD 4300