FOR SALE
URGENT LIQUIDATION REQUIRED

21 Marnham Street
Acacia Ridge QLD 4110

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 670m2
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Auction Time
Sat 5 Oct 1:00 pm
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No upcoming inspections scheduled.
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CHANGE OF CIRCUMSTANCE - REQUIRES URGENT SALE

TO BE AUCTIONED ON 5TH OCTOBER AT 13:00PM ONSITE - IF NOT SOLD PRIOR
LMR Block with great holding income
Zoned LMR, within Brisbane City Council, offering great holding income due to dual living component.
Unlock the potential of this prime property at 21 Marnham Street, Acacia Ridge. This flat 673m² block, zoned LMR 2 (Low to Medium Residential), is a fantastic opportunity for investors and developers.
Property Highlights:
Versatile Development/Investment Options:
• Subdivision Potential: Subdivide the block to create a small unit or a 3-4 townhouse complex.
• Solid Structure: The existing home features durable construction with hardwood frames and a tiled roof. It requires minimal renovation.
• Dual Income: The house is cleverly divided into two self-contained portions with separate entrances-a 3-bedroom unit upstairs and a 2-bedroom unit downstairs.
House features:
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Property Details for 21 Marnham St, Acacia Ridge

21 Marnham St, Acacia Ridge is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 670m2. The place is currently for sale with Ray White Rochedale.

Building Type
House
Land Size
670m2

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About Acacia Ridge 4110

The size of Acacia Ridge is approximately 8.6 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Acacia Ridge in 2011 was 6,944 people. By 2016 the population was 7,439 showing a population growth of 7.1% in the area during that time. The predominant age group in Acacia Ridge is 20-29 years. Households in Acacia Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Acacia Ridge work in a trades occupation. In 2011, 52.9% of the homes in Acacia Ridge were owner-occupied compared with 49.6% in 2016.

Acacia Ridge has 3,971 properties. Over the last 5 years, Houses in Acacia Ridge have seen a 103.78% increase in median value, while Units have seen a 72.22% increase. As at 31 August 2024:

  • The median value for Houses in Acacia Ridge is $783,230 while the median value for Units is $540,515.
  • Houses have a median rent of $540 while Units have a median rent of $455.
There are currently 34 properties listed for sale, and 25 properties listed for rent in Acacia ridge on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Acacia ridge.

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Suburb Insights for Acacia Ridge 4110

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Sid Arora
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Mo Ebrahim
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Ray White Rochedale
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