FOR SALE
$800,000+ DA SITE!

14 Melinda Street
Marsden QLD 4132

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1099m2
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DA APPROVED 1 INTO 2 SUBDIVISION- RETAIN THE HOUSE!

Looking for your next big project? 14 Melinda Street, Marsden is the perfect opportunity for savvy developers or investors. This high-set property sits on an expansive 1,099m² block, with development approval already granted for subdivision. You can begin your new build at the rear of the property immediately, while the existing home continues to generate rental income. The property is at operational works tender phase.The large expense has already been spent to date for surveyors, engineers, council fees, house deposits.
The home itself offers 3 comfortable bedrooms, a family bathroom upstairs, and a second bathroom downstairs + rumpus room, ideal for tenants or for those looking to make the most of dual living potential. With ample space and a fantastic layout, the existing home could be renovated to further maximise its appeal.
Features:
1,099m² block with approved plans to subdivide and build
3 bedrooms, 1 bathroom upstairs, 2nd bathroom downstairs
Existing home with potential for dual-living renovation
Rented for $500pw till 26/5/2025 - REDUCED TO COMPENSATE FOR THE FACT THE PROPERTY WOULD BE DEVELOPED.
Subdivision approval in place - start your development (DA EXPIRES APPROX 4 YRS TIME)
Main residence to stay on598m2 block + 501m2 vacant block at the rear
Proposed 4 bed 2 bath 2 living area 2 car garage home already designed!
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Property Details for 14 Melinda St, Marsden

14 Melinda St, Marsden is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1099m2. The place is currently for sale with Ray White Marsden.

Building Type
House
Land Size
1099m2

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About Marsden 4132

The size of Marsden is approximately 6.1 square kilometres. It has 18 parks covering nearly 11.2% of total area. The population of Marsden in 2011 was 11,279 people. By 2016 the population was 14,070 showing a population growth of 24.7% in the area during that time. The predominant age group in Marsden is 0-9 years. Households in Marsden are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marsden work in a machinery operators and drivers occupation. In 2011, 53.6% of the homes in Marsden were owner-occupied compared with 44.7% in 2016.

Marsden has 5,272 properties. Over the last 5 years, Houses in Marsden have seen a 97.43% increase in median value, while Units have seen a 107.07% increase. As at 31 October 2024:

  • The median value for Houses in Marsden is $714,104 while the median value for Units is $571,677.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 47 properties listed for sale, and 17 properties listed for rent in Marsden on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Marsden.

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Rebecca Cuderman
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Taha Artani
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Ray White Marsden
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