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2 Chelmsford Road, Mango Hill QLD 4509

Listed: 4 days ago
Overview

Situated on an expansive 9,675 square metre (approximately 2.39 acres) parcel of land, this property in Mango Hill presents a rare and significant investment and development opportunity. The site includes a three-bedroom house and an additional granny flat, offering immediate residential utility as well as potential for further development given the generous land size and zoning allowances.

Access to the property is a notable convenience, with three side entry points via Chelmsford Road, Jogn Street, and Bowman Court, which enhances its appeal for development projects or multi-unit configurations. The property sits within the City of Moreton Bay council area and is zoned as general residential in a suburban neighbourhood precinct under the MBRC Planning Scheme.

This zoning supports a variety of residential development types including dwelling houses, dual occupancies, dwelling units, and home-based businesses, with further potential for relocatable home parks, residential care facilities, retirement facilities, and rooming accommodation depending on proximity to district centres or train stations.

The allowable building height is up to 8.5 metres with a density cap of no more than 15 dwellings per hectare, providing flexibility for quality development while respecting the suburban character of the area.

The property's scale and characteristics will particularly attract developers, investors, and owner-occupiers looking for a large footprint with future subdivision or redevelopment prospects. The inclusion of a granny flat adds versatility for extended family living or rental income possibilities, making this site a compelling option for those seeking both lifestyle and investment advantages within a growing Brisbane suburb.

  • Land size provides extensive space for personal enjoyment or future projects.
  • Flexible zoning and multiple access points facilitate diverse development options.
  • On-site residence and granny flat offer immediate and versatile living arrangements.

Prospective buyers are encouraged to conduct their own due diligence and research to fully appreciate the scope and potential of this property, as it is sold without a listed price guide and with an "As Is, Where Is" condition.

Local Market Insights

In Mango Hill, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 33 during the previous 30-day period, with an average advertised asking price of $1,055,028. The property type mix of listed properties is predominantly Houses at 79%, followed by townhouses (13%), and land (4%). The most active agency for houses in the Mango Hill area is currently Ray White, representing 50% of new listings, followed by Image Property with 11%. 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 Mango Hill QLD 4509
New Listings (last 30 days)
36
Average price
$1,055,028
Lowest price
$800,000
Highest price
$1,725,000
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