FOR SALE
Auction

266 Formosa Road
Gumdale QLD 4154

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Land area: 1.01ha
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Auction Time
Sat 6 Jul 11:00 am
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No upcoming inspections scheduled.
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Private Acreage With Unlimited Potential, Ultra-Convenient Location

All Offers Prior To Auction Will Be Seriously Considered
Hidden privately on an elevated 2.5 acre estate framed by serene native bushland and tropical gardens, this classic brick family home presents an outstanding opportunity for the astute buyer to capitalise on this stellar location in a tightly held pocket of Gumdale. Entering the market for the first time since 1989, the original home is ripe for transformation or is an ideal site to build a bespoke acreage retreat.
The prime, prestigious Gumdale location offers the ultimate in acreage living with urban convenience. Eastside Village is close by with shopping and cafes and the property is within moments of quality private and public schools including the ever popular Gumdale State School and Moreton Bay Girls and Boys Colleges. The Lota foreshore, Manly Boat Harbour and the Wynnum CBD are only a few minutes' drive away. The home is in proximity to city-bound bus transport, convenient to Westfield Carindale, and has effortless access to both the Port of Brisbane and Gateway Motorways and Brisbane Airport.
- 10,100m2 or 2.5 acres of prime, picturesque, acreage living
- Gumdale's high capital growth assures return on investment for renovations, extensions or new build
- Rear north-facing block
- Completely private and serene, the home is set well back from the road and positioned out of sight of neighbours
- Existing home allows you to live comfortably for now, while offering scope for blending its timeless traditional features with contemporary renovations or extensions in the future
- Classic brick exterior, steel frame construction, a second story could be added
- Alternatively, demolish the existing home and build your own dream design, taking advantage of services running deep into the property being already in place
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Property Details for 266 Formosa Rd, Gumdale

266 Formosa Rd, Gumdale is a 4 bedroom, 2 bathroom AcreageSemi-rural with 6 parking spaces. The property has a land size of 1.01ha. The place is currently for sale with RE/MAX First Residential - Coorparoo.

Building Type
AcreageSemi-rural
Land Size
1.01ha

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About Gumdale 4154

The size of Gumdale is approximately 4.5 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Gumdale in 2011 was 949 people. By 2016 the population was 2,116 showing a population growth of 123.0% in the area during that time. The predominant age group in Gumdale is 10-19 years. Households in Gumdale are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gumdale work in a professional occupation. In 2011, 84.6% of the homes in Gumdale were owner-occupied compared with 87.3% in 2016.

Gumdale has 688 properties.

    There are currently 4 properties listed for sale, and 1 property listed for rent in Gumdale on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Gumdale.

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    Matthew Griffiths
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    RE/MAX First Residential - Coorparoo
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