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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

40 Cutbush Road, Everton Park QLD 4053

For Sale Now

House 3 Beds 1 Bath 2 Cars 774 m²
Listed: 41 minutes ago
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Overview

This property presents a rare and highly sought-after opportunity in Everton Park, combining a currently tenanted original three-bedroom cottage with approved development potential that is difficult to find in the market today.

Set on a generous 774 square metre parcel of naturally sloping land, the site benefits from Brisbane City Council Development Approval, valid until December 2030, enabling subdivision into two sizeable lots of approximately 387 square metres each. This groundwork dramatically reduces barriers for developers, builders, and investors aiming to unlock future value in this rejuvenating northern Brisbane suburb.

The existing single-level brick cottage, positioned on one of the lots, is in reasonable condition, featuring polished timber floors and a tiled roof, with the added utility of a rear storage shed. This offers an attractive holding option while development planning or as a standalone income-generating asset with an updated rental appraisal of $700 to $750 per week. The current tenancy is expected to conclude in early 2027, providing flexibility for future owners.

  • Strategic location with excellent proximity to local shops, bus stops, and Everton Park's popular dining precinct, promoting a convenient, car-free local lifestyle.
  • Easy connectivity to Brisbane CBD, major shopping centres, private schools, hospitals, the airport, and key transport links including the Gateway Motorway.
  • Appeals to purchasers seeking secure land banking, investment growth, or hands-on development projects in an evolving community.
  • Situated within a suburb characterized by established homes and strong demand, enhancing long-term capital appreciation potential.

This property represents a sound choice for multiple buyer profiles, particularly developers, investors, and those seeking a versatile asset in one of Brisbane's up-and-coming precincts. The combination of immediate rental income and significant subdivision upside makes it a compelling proposition amidst a tightening housing market.

Local Market Insights

In Everton Park, Quiet Listings observed 53 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 $1,326,927. The property type mix of listed properties is predominantly Houses at 66%, followed by townhouses (19%), and units (12%). The most active agency for houses in the Everton Park area is currently Ray White, representing 19% of new listings, followed by Harcourts with 19%. 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 Everton Park QLD 4053
New Listings (last 30 days)
53
Average price
$1,326,927
Lowest price
$395,000
Highest price
$2,700,000
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