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3 Ballow Road, Dunwich QLD 4183

Offers Over $1,100,000

Search Band Search Visibility Band

$1M - $1.1M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 607 m²

Listed: 14 days ago

Overview

This rare opportunity in the heart of Dunwich presents a versatile 607 square meter property combining commercial, residential and future development potential.

The property boasts dual access points from Ballow Road and Jack Lane, enhancing its flexibility for various uses, subject to council approvals.

The front features an established commercial space currently leased as an art gallery, providing immediate income and offering strong street frontage ideal for an owner-occupier or a retail, office, or studio venture.

At the rear lies a separate residence with three bedrooms and one bathroom, complemented by generous storage and an additional downstairs bathroom, also leased, increasing the property's income streams.

This dual-income setup appeals to investors seeking financial returns from day one while also holding long-term potential for redevelopment or business expansion.

Located within easy walking distance to the Junner Street ferry terminal, local shops, and Dunwich State School, the property is well positioned within this vibrant island township.

607m2 block size offers ample space and options
Convenient dual-access enhances usability and future opportunities
Separate commercial and residential components provide diversified income
Commercial space leased as art gallery with strong street presence
Comfortable three-bedroom home with additional amenities
Both premises leased, delivering established holding income
Close proximity to transport, schools, and amenities
Scope for future development pending local council approval

This combination of location, income, and potential creates a distinctive offering on North Stradbroke Island, suited to investors or business owners looking for a multi-faceted property in a central community setting.

Local Market Insights

In Dunwich, Quiet Listings observed 4 new houses entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $1,500,000. The property type mix of listed properties is predominantly Houses at 67%, followed by land (17%), and home for sales (17%). The most active agency for houses in the Dunwich area is currently Ray White, representing 75% of new listings, followed by Dolphin Property Sales 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.