Massive Development potential on a huge 11,200 sqm land with 2 pristine Brick Houses for an added rental income or acerage lifestyle.
Rare opportunity, in the well-established and most sought suburb of Ellen Grove, next to Forest Lake with a beautiful environment and all amenities close-by.
Only 25km from the CBD this land will not last long at this price in this market! Only a handful of properties for sale in the area with this one being the best of them for development and living alike.
Main House Featuring:
* 4 Large bedrooms.
* 1 bathroom
* Brick walls
* Separate dining and formal dining room
* Large kitchen with plenty of storage space
* Large covered entertainment area
* Swimming pool.
* Home built in 1990
* Plenty of car parking
Granny Flat Featuring:
* 3 Large bedrooms
* 1 Bathroom
* Open planned living
* Airconditioned.
Features include:
- Brisbane City Council
- Zoned Emerging Community
- Land: 1.12Ha - 11200m2, approximate 76.6m frontage
- Freehold Titles
- Numerous Development Options
- South-West Brisbane Priority Growth Precinct
Other features include:
- Located on the border line of Forest Lake, approximately 250m to Forest Lake State School
- Approximately 500m walking distance to Local Shopping Centre
- Approximately 600m walking distance to Forest Lake Child Care Centre
- Opposite to the public park
- Only 18km from Brisbane CBD it is easy access to Richlands Railway Station, Logan Motorway and Ipswich Motorway.
- 5 mins drive to the Forest Lake Village Shopping Centre
- Short distance to the beautiful lake with walking tracks and playground
- 3min drive to Richlands station and 25min ride to the City CBD
- Ellen Grove is in a strategic position at the junction of 3 main highways
(Logan, Centenary & Ipswich Motorways)
This is a great opportunity for land banking or development. With new house's and subdivided land sites selling in the area fast, don't miss out on this opportunity.
Viewing by private inspections only. Call Syed @0416 498 295 for any queries or private inspections
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
The size of Ellen Grove is approximately 3.4 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of Ellen Grove in 2011 was 2,527 people. By 2016 the population was 2,908 showing a population growth of 15.1% in the area during that time. The predominant age group in Ellen Grove is 0-9 years. Households in Ellen Grove are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ellen Grove work in a machinery operators and drivers occupation. In 2011, 37.6% of the homes in Ellen Grove were owner-occupied compared with 31.5% in 2016.
Ellen Grove has 1,567 properties. Over the last 5 years, Houses in Ellen Grove have seen a 120.84% increase in median value, while Units have seen a 68.72% increase. As at 31 August 2024:
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