FOR SALE
OFFERS OVER $1,600,000

66-74 Granard Road
Archerfield QLD 4108

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.2025ha
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2,025m2 land with dual Street access on 5 x 405m2 lots!

66-74 Granard Road in Archerfield offers an opportunity rarely offered to the open market; 5 x 405m2 adjacent lots sprawling a total of 2,025m2, with dual street access delivering a wealth of opportunity, whether developed individually or as a whole allotment.
Nearby properties have taken advantage of the proximity to Griffith University, QE2 Hospital and Archerfield Airport, as well as connectiveness to the Ipswich Motorway and Pacific Motorways to utilise multi-dwelling builds where 5 x self-contained flats on a 405m2 lot yield roughly $400 per week per flat (STCA).
Other opportunities lie in a more commercial space (STCA) regarding business opportunity with such a large land mass allowing chance for developments mirroring nearby shopping centres, McDonalds across the road, with Hungry Jacks, Coles Express and Shell on the opposite corner.
Dual Street access allows further chance for on-selling 5 x lots where a home could face Gladstone Road, with sheds in backyards accessible to Granard Road, delivering dual occupancy rental yields, or even chance to run a business from home, again Subject To Council Approval.
Some outstanding features of 66-74 Granard Road:
- 2,025m2 allotment
- 50.5m approximate frontage
- 40.2m approximate depth
- 5 x 405m2 lots
- Dual street access
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Property Details for 66-74 Granard Rd, Archerfield

Building Type
Land
Land Size
0.2025ha

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About Archerfield 4108

The size of Archerfield is approximately 4.4 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Archerfield in 2011 was 510 people. By 2016 the population was 530 showing a population growth of 3.9% in the area during that time. The predominant age group in Archerfield is 20-29 years. Households in Archerfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Archerfield work in a trades occupation. In 2011, 53.1% of the homes in Archerfield were owner-occupied compared with 59.3% in 2016.

Archerfield has 606 properties. Over the last 5 years, Houses in Archerfield have seen a 93.00% increase in median value, while Units have seen a 54.00% increase. As at 31 October 2024:

  • The median value for Houses in Archerfield is $715,071 while the median value for Units is $495,537.
  • Houses have a median rent of $573 while Units have a median rent of $250.
There are currently 5 properties listed for sale, and 14 properties listed for rent in Archerfield on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Archerfield.

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