34 Galahad StreetMarsden QLD 4132
Property Details for 34 Galahad St, Marsden
34 Galahad St, Marsden is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1031m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Marsden in the last 12 months.
Last Listing description (December 2024)
A rare opportunity awaits at 34 Galahad Street, Marsden! This highset home sits on a massive 1031m² block and already has development approval in place to subdivide, allowing you to get started straight away! Whether you're a developer looking for your next project or an investor wanting to capitalise on a booming area, this property offers unparalleled potential.
The existing high set home features 3 spacious bedrooms, 1 bathroom upstairs, and a huge deck area off of the rear of the home. The property also boasts approved plans for a brand-new home to be built at the rear, giving you the chance to add significant value with minimal delays and retain your privacy still. Plus, there's still ample opportunity to further renovate the existing house to create a dual-living layout, increasing rental returns even further.
Situated in a prime location just a short drive to Marsden State School, shopping centres, and public transport, this is the perfect spot to develop and hold. Tenants are already in place acknowledging the subdivision and with approvals already, you can start work right away with no delays!
Rental appraisal is to achieve $560 per week in the current market.
Tenanted until 24 June 2025 at $500per week - REDUCED TO COMPENSATE FOR SUBDIVISION
Reconfiguration is at operational works tender phase - THE TIME CONSUMING & COSTLY PART IS ALREADY HANDLED. Majority of surveyors, engineers, council fees have been actioned already.*
DA EXPIRES APPROX 4 YRS TIME
Main residence to stay on 531m2 block + 500m2 vacant block at the rear
Proposed 4 bed 2 bath 2 living area 2 car garage home already designed!
Two car garage facility + 2nd toilet downstairs
Plenty of room for it to be further built in to allow for additional rooms
Level driveway for secure off-street parking + side access on both sides of the home
Massive back yard all fenced and safe for kids & pets
Air conditioning & ceiling fans
Renovated kitchen and large deck area off the rear
6.6KW Solar
Garden Shed on concrete slab
Rental Appraisal is $560 per week
Location Highlights:
-Bus Stop at the end of the street ! (450m walk)
-Close to local Parks
-5 min drive to local Child Care Centres
-3 min drive to Marsden State School
-4 min drive to Burrowes State School
-5 min drive to Marsden State High School (QLD's #1 School 2020)
-4 min drive to Marsden Park Shopping Centre
-5 min drive to Marsden on Fifth Shopping Centre
-9 min drive to Kingston train station
-10 min drive to Logan Hospital
-29 min drive to Brisbane City
-49 min drive to Gold Coast
*THERE ARE 3 OPPORTUNITIES TO PURCHASE ALL WITH EXISTING DEVELOPMENT APPROVALS IN PLACE - CONTACT REBECCA FOR MORE INFO ON ALL 3 SITES ON OFFER*
Property History for 34 Galahad St, Marsden, QLD 4132
- 26 Nov 2024Sold for $830,000
- 18 Nov 2024Listed for Sale $830,000+ SUBDIVIDE NOW!
- 18 May 2023Listed for Rent $500 / week
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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 5,306 properties. Over the last 5 years, Houses in Marsden have seen a 99.63% increase in median value, while Units have seen a 106.84% increase. As at 31 January 2025:
- The median value for Houses in Marsden is $723,985 while the median value for Units is $547,179.
- Houses have a median rent of $550 while Units have a median rent of $495.
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