FOR SALE
Under Contract

186 Padstow Road
Eight Mile Plains QLD 4113

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 3901m2
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PRIME DEVELOPMENT POTENTIAL IN EIGHT MILE PLAINS

Get excited investors, this whopping 3,901 square metres of lush property features a central location within a flood-free zone, only minutes from local shops for entertaining friends, restaurants for living convenience, handy city buses for commuters and the bustling Eight Mile Plains Shopping Centre for all your shopping needs. The residence's only house is ready to be knocked down, making way for investors looking to create a lucrative estate amongst a prime position, perfect for attracting long-term tenants, such a working professionals and young families.
Homeowners who also take advantage of this stately piece of real estate could make a great profit thanks to the current Queensland government incentives, and with such an unbeatable location, developing a quintessential lifestyle will become a dream made real.
- 200m to Eight Mile Plains 7 Days Shopping Centre
- 1.9km to Market Square
- 2.5km to Sunnybank Plaza
- 800m to Sunnybank Tennis
- 270m to Arcadia Street Park
- 350m to Monte Lupo Gallery and Cafe
- 400m to Piptree Early Learning
- 650m to bus stops
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Property Details for 186 Padstow Rd, Eight Mile Plains

186 Padstow Rd, Eight Mile Plains is a 4 bedroom, 1 bathroom House. The property has a land size of 3901m2. The place is currently for sale with Ray White Robertson.

Building Type
House
Land Size
3901m2

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About Eight Mile Plains 4113

The size of Eight Mile Plains is approximately 7.8 square kilometres. It has 31 parks covering nearly 16% of total area. The population of Eight Mile Plains in 2011 was 13,378 people. By 2016 the population was 15,349 showing a population growth of 14.7% in the area during that time. The predominant age group in Eight Mile Plains is 20-29 years. Households in Eight Mile Plains are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eight Mile Plains work in a professional occupation. In 2011, 65.2% of the homes in Eight Mile Plains were owner-occupied compared with 62.8% in 2016.

Eight Mile Plains has 6,353 properties. Over the last 5 years, Houses in Eight Mile Plains have seen a 75.17% increase in median value, while Units have seen a 87.44% increase. As at 31 October 2024:

  • The median value for Houses in Eight Mile Plains is $1,384,014 while the median value for Units is $717,186.
  • Houses have a median rent of $720 while Units have a median rent of $620.
There are currently 44 properties listed for sale, and 24 properties listed for rent in Eight mile plains on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Eight mile plains.

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Suburb Insights for Eight Mile Plains 4113

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Eric Li
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Ray White Robertson
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