FOR SALE
Under Contract

44 Penny Lane
Branyan QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3.95ha
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Residential Development Opportunity

Galaxy is pleased to present to the market an irreplaceable opportunity to acquire this residential land development in Branyan. This prime positioned 3.95-hectares site has DA Approval for 33 residential lots with 2 existing dwellings
This future estate is situated in Branyan one of Bundaberg's premier suburbs. Only a short walk to the local school and 5 mins to Bundaberg's major shopping complexes, restaurants, and facilities this estate is sure to be attractive to buyers in the highest growing regional town in Queensland.
The thriving City of Bundaberg is growing rapidly, popular for its laidback, family friendly lifestyle and access to the Great Barrier Reef. It is also part of the food bowl region and has a strong rural base backed by established businesses across the agriculture, service, and tourism sectors.
Located within the rapidly expanding and dynamic market of Bundaberg, 44 Penny Lane, Branyan provides the opportunity to acquire this is a rare chance to acquire a significant development site with 2 existing dwellings. The DA Approval and strategic location make it an ideal investment for developers, investors, and owner-occupiers looking to capitalize on the area's strong forecast population growth and tourism activity.
Features include:
• Land area: 3.95 Hectares
• DA approved for 33 blocks (2 existing dwellings)
• Development Approved for lifestyle blocks
• DA approval for 46 management lots
• Block sizes: 800m2 - 1,200m2 (large house site 2,055m2)
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Property Details for 44 Penny Lane, Branyan

Building Type
Land
Land Size
3.95ha

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About Branyan 4670

The size of Branyan is approximately 34.8 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Branyan in 2011 was 3,339 people. By 2016 the population was 4,145 showing a population growth of 24.1% in the area during that time. The predominant age group in Branyan is 0-9 years. Households in Branyan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Branyan work in a trades occupation. In 2011, 84.8% of the homes in Branyan were owner-occupied compared with 79.4% in 2016.

Branyan has 1,964 properties. Over the last 5 years, Houses in Branyan have seen a 93.22% increase in median value, while Units have seen a 44.60% increase. As at 30 November 2024:

  • The median value for Houses in Branyan is $721,544 while the median value for Units is $572,750.
  • Houses have a median rent of $620.
There are currently 15 properties listed for sale, and no properties listed for rent in Branyan on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Branyan.

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Rebecca Beer
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Galaxy Real Estate Pty Ltd - BUNDABERG
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