RARE 1,220sqm DEVELOPMENT OPPORTUNITY | TWO PROPERTIES SOLD TOGETHER

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6 & 8 Duke Street, Cannon Hill QLD 4170

For Sale

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$1.7M - $1.87M High Confidence Calculated based on strong search observations.

House 6 Beds 2 Baths 3 Cars 1220 m²

Listed: 47 days ago

Updated: 9 days ago

Overview

This exceptional offering at 6 & 8 Duke Street, Cannon Hill, is a rare opportunity to acquire a substantial landholding in a highly sought-after Brisbane suburb. Comprised of two adjoining blocks totalling 1,220sqm, the properties provide an expansive blank slate suitable for a variety of development aspirations or the creation of a significant residence.

Each block measures approximately 610sqm with generous frontages of about 39.3 meters and depths near 15.2 meters, offering flexibility to accommodate new builds or redevelopment plans. Presented as knockdown blocks despite currently hosting existing residences, the focus is on the impressive combined land size and its potential under local development controls subject to council approval.

The scale and configuration of these two side-by-side lots are increasingly rare within an established residential setting, making this an enticing proposition for builders, developers, or astute land investors. The sizeable frontage allows for diverse design opportunities, while the location in Cannon Hill positions the landholding within close reach of Brisbane amenities.

With six bedrooms, two bathrooms, and three parking spaces indicated in the existing setup, the property underlines the potential for a substantial family home or redevelopment that supports modern lifestyle needs. The total land size of 1,220sqm provides a strong platform for future growth or personal customization.

Overall, this offering presents a compelling chance to secure a significant parcel of land with two titles in a prime Brisbane locale, suitable for those seeking a large-scale development project or an expansive site for a prestigious new home.

Local Market Insights

In Cannon Hill, Quiet Listings observed 28 new houses entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $1,930,357. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (17%), and townhouses (15%). The most active agency for houses in the Cannon Hill area is currently Place, representing 50% of new listings, followed by Remax with 25%. 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.