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Overview
Positioned on an expansive 825 square metre allotment in a calm and established part of Acacia Ridge, this property offers a rare prospect for developers, investors, builders, and buyers seeking a substantial landholding with various long-term possibilities. The property sits within a Low-Medium Density Residential zoning, allowing consideration for future development opportunities such as townhouse construction, subdivision or land reconfiguration, subject to council approval and current planning controls.
Currently featuring a four-bedroom, two-bathroom residence with parking for two vehicles, this home generates immediate rental income of $700 per week, with an appraisal indicating potential for up to $750 weekly. This makes the property an attractive choice for those wanting to secure a strategic land asset while benefiting from consistent holding income during any planning or development investigations.
The generous land size and zoning flexibility provide scope for a variety of development strategies. Buyers may consider retaining the existing dwelling while exploring townhouse development or subdividing the land to maximize the site's potential value, subject to feasibility studies and council approvals. This versatility suits investors and developers who prefer a phased approach or long-term land banking.
Located within walking distance to Elizabeth Street Shopping Centre and close to local shops, schools, childcare services, and public transport, the property benefits from convenience and connectivity. Easy access to Beaudesert Road and major motorway connections further enhances its desirability, with Sunnybank’s retail and dining precincts only a short drive away. The proximity, approximately 15 to 17 kilometers from Brisbane's CBD, underscores its appeal for those seeking accessible suburban living with potential for growth.
In summary, this property suits a range of buyers with ambitions for development, investment, or secure long-term landholdings, combining practical existing income with promising prospects for future value enhancement.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Local Market Insights
In Acacia Ridge, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 30 during the previous 30-day period, with an average advertised asking price of $1,048,750. The property type mix of listed properties is predominantly Houses at 78%, followed by townhouses (11%), and land (4%). The most active agency for houses in the Acacia Ridge area is currently Ray White, representing 50% of new listings, followed by LJ Hooker with 19%. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Market Insights for Acacia Ridge QLD 4110
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