Rare Purchase & Development Opportunity in Everton Park

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442 South Pine Road, Everton Park QLD 4053

For Sale

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$1.15M - $1.2M Medium Confidence Calculated based on our search observations.

House 3 Beds 3 Baths 2 Cars 670 m²

Listed: yesterday

Overview

This property at 442 South Pine Road in Everton Park presents a compelling opportunity situated on a substantial 670 square metre allotment zoned Low-Medium Density Residential (LMR). Its zoning permits development up to five storeys, subject to council approval and planning requirements, making it well suited for developers aiming for a multi-level project in a favorable location within the suburb.

The existing residence is a high-set home offering functional living spaces with three bedrooms and three bathrooms, complemented by a double car parking space underneath. Generous front and rear yard spaces provide ample room for outdoor activities, lifestyle enhancements, or landscaping options.

While the current dwelling offers immediate usability, the large 670m² block and LMR zoning enable the potential to retain the existing structure while exploring further development possibilities, subject to council consent. This dual potential appeals to a diverse group of buyers including homeowners who value space and privacy, investors seeking strong capital growth potential, and developers interested in a promising site in Everton Park.

Additionally, the property's convenient location delivers excellent lifestyle benefits. It lies within close walking distance of local amenities including diverse shopping precincts featuring Woolworths, Coles, banks, and specialty retailers. Public transport accessibility is excellent, with bus stops nearby and Enoggera Train Station a short drive away, facilitating easy commutes.

Nearby recreational options such as the Kedron Brook Bikeway and educational facilities like Everton Park State High School add to the appeal for families and active residents. The combination of substantial land size, flexible zoning, and an established neighborhood environment create a unique and exciting prospect for purchasers seeking a well-positioned home, a rewarding investment, or a development project in Everton Park.

Local Market Insights

In Everton Park, Quiet Listings observed 43 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $1,381,864. The property type mix of listed properties is predominantly Houses at 62%, followed by townhouses (18%), and units (15%). The most active agency for houses in the Everton Park area is currently Harcourts, representing 33% of new listings, followed by Ray White with 16%. 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.