FOR SALE
$359,900

1 Salvatore Drive
Gordonvale QLD 4865

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1095m2
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EXCLUSIVE TRIPLEX LOTS NOW AVAILABLE AT CUTTERS RISE

This type of investment doesn't come by very often, with a potential rental return of $1,800 per week as a whole, this new land release lends itself as a very sound investment.
Enjoy the Cutters Rise lifestyle with the potential to build beautiful 9-bedroom, 7.5 bathrooms, 10 car accommodation triplexes.
KEY FEATURES:
• Architect concept designs completed.
• Council approval will be obtained prior to settlement.
• All services to be available at the Lot.
• Flat level lots to be create with titles to issue in January 2024
• Close proximity to infrastructure and services – new Woolworths, easy access to Bruce Highway, adjacent to new family park and medical precinct.
• Rental Appraisals available – save stamp duty by buying land and building new investment.
Prices Triplex Lots :
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Property Details for 1 Salvatore Dr, Gordonvale

Building Type
Land
Land Size
1095m2

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About Gordonvale 4865

The size of Gordonvale is approximately 57.2 square kilometres. It has 20 parks covering nearly 2.2% of total area. The population of Gordonvale in 2011 was 6,213 people. By 2016 the population was 6,666 showing a population growth of 7.3% in the area during that time. The predominant age group in Gordonvale is 0-9 years. Households in Gordonvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gordonvale work in a trades occupation. In 2011, 68.4% of the homes in Gordonvale were owner-occupied compared with 67.7% in 2016.

Gordonvale has 3,170 properties. Over the last 5 years, Houses in Gordonvale have seen a 78.86% increase in median value, while Units have seen a 160.40% increase. As at 31 October 2024:

  • The median value for Houses in Gordonvale is $602,038 while the median value for Units is $503,218.
  • Houses have a median rent of $620 while Units have a median rent of $280.
There are currently 72 properties listed for sale, and 7 properties listed for rent in Gordonvale on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Gordonvale.

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Renee Straguszi
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