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51 King Street, Woody Point QLD 4019

For Sale

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$1.4M - $1.5M Low Confidence Calculated based on limited search observations.

Land 805 m²

Listed: 5 days ago

Updated: 6 hours ago

Overview

This 805 square meter land site in Woody Point represents a significant development opportunity, ideally suited for investors and developers seeking a carefully de-risked project with tangible upside.

Positioned on a desirable north-east corner directly opposite the Woody Point Marketplace, the site benefits from convenient local amenities and enhanced lifestyle appeal, factors that strongly support future marketability and value growth.

The property is nearing completion of a two-lot subdivision, comprising Lot 1 with 422 m² and Lot 2 with 383 m². Substantial capital has already been committed towards the development process, including approvals, demolition, site clearing, service upgrades, and fencing—accelerating potential project timelines and reducing typical planning uncertainties.

Prospective buyers will find further value in the imminent council approval pending for a duplex build on one of the lots. The proposed development plan maximizes the site's gross realisable value and features a mix of an architectural five-bedroom home with three bathrooms and two car spaces, alongside two four-bedroom plus multipurpose room freehold townhomes with 2.5 bathrooms and two car spaces each on the other lot.

Comprehensive consultancy plans, including engineering and survey documentation, are available to qualified parties, complemented by completed electrical and NBN certificates. This completeness makes the site particularly attractive for those wishing to advance without delay. The seller has acquired another property, meaning this site must be sold by or on the specified auction date, presenting a timely buying opportunity.

In summary, this development site in Woody Point offers a blend of strategic location, progress towards subdivision, and approved development potential. It is well-suited for buyers focussed on residential development projects in premium areas of South East Queensland.

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 Woody Point, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $7,466,667. The property type mix of listed properties is predominantly Houses at 59%, followed by units (23%), and land (7%). The most active agency for land in the Woody Point area is currently Canford Estate Agents, representing 33% of new listings, followed by McGrath Estate Agents with 33%. 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.