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129-145 The Grange Road, Gleneagle QLD 4285

$2,900,000

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$2.9M - $3.05M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 31 Cars 5.07 acres 363 m²

Listed: 3 days ago

Updated: 12 hours ago

Overview

This substantial semi-rural acreage at Gleneagle presents a unique blend of potential and character within the South East Queensland Urban Footprint. Set on approximately 2.05 hectares, this elevated corner property offers an extensive landholding with around 20 potential residential lots, subject to final approvals, making it an enticing prospect for developers and investors keen to explore future subdivision opportunities.

The property's most striking feature is the existing 363 square metre residence, an exquisite home that stands out as a valuable asset in its own right. Offering scope for retention, it provides a rare chance to incorporate an established dwelling into future subdivision plans, maintaining its distinctive character while capitalizing on the surrounding land’s development possibilities. Alternatively, it serves as a comfortable home or potential rental option during the planning and approval process.

Complementing the residence is extensive shedding with capacity for approximately 24 vehicles, underscoring the property's versatility and appeal to a range of buyers, particularly those requiring significant storage or workshop space. The corner location further enhances usability, offering flexible access and design choices for subdivision layout and infrastructure.

Strategically positioned near the expanding Eucalee Estate and within reach of Beaudesert’s amenities, schools, and services, this holding delineates a thoughtful balance between rural lifestyle and progressive development potential. The site’s inclusion in the SEQ Regional Plan's Urban Footprint underlines its importance within the region's growth framework, attracting attention from those looking to secure a long-term residential investment or development opportunity.

Approximate 2.05-hectare corner landholding with development prospects
Potential yield of 20 residential lots, pending assessment and approvals
An elegant existing residence offering retention or rental versatility
Substantial shedding accommodating 24 vehicles, ideal for extensive storage or workshop use
Elevated position facilitating varied access and subdivision design options

This property will suit developers, investors, or owner-occupiers seeking a functional combination of established quality living and substantial land with future subdivision prospects. Buyers should note that potential lot yields are indicative and subject to detailed feasibility and planning approvals, emphasizing the importance of comprehensive due diligence in the acquisition process.

Local Market Insights

In Gleneagle, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $1,197,543. The property type mix of listed properties is predominantly Houses at 86%, followed by duplexes (9%), and villas (2%). The most active agency for houses in the Gleneagle area is currently Avenue Property, representing 30% of new listings, followed by Q State Properties with 15%. 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.