FOR SALE
Price Guide: 1.2 Million

37 First Avenue
Marsden QLD 4132

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1518m2
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Development Approval - 4x homes on 1518sqm block!

Unlock the potential of this rare 1,518sqm rectangular block, perfectly positioned in a booming growth corridor. Offering an incredible opportunity for developers and investors alike, this property comes with DA Approval to retain the existing home and build three additional 2-bedroom townhomes-maximizing returns in this thriving market.
Whether you're looking to expand your portfolio or embark on your next lucrative development project, this property offers the ultimate combination of location, design flexibility, and ongoing income.
Already generating a solid return, the current two-storey home is leased at $600 per week, providing fantastic holding capital while you plan your development.
Features include:
• Three spacious bedrooms - perfect for families or shared living.
• Open-plan living area with air conditioning for year-round comfort.
• Modern kitchen with quality appliances and a functional layout.
• Main bathroom with a combined bath and shower.
• Generous storage downstairs - offering versatility for tenants.
Positioned in the heart of one of South East Queensland's fastest-growing suburbs, this location offers an unparalleled opportunity for developers. This premium location is within close proximity to major amenities, including Marsden State & High Schools, Marsden Park Shopping Centre, public transport, and lush local parks.
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Property Details for 37 First Ave, Marsden

37 First Ave, Marsden is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1518m2. The place is currently for sale with Ray White Waterford.

Building Type
House
Land Size
1518m2

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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 5,302 properties. Over the last 5 years, Houses in Marsden have seen a 98.73% increase in median value, while Units have seen a 101.82% increase. As at 30 November 2024:

  • The median value for Houses in Marsden is $713,940 while the median value for Units is $544,092.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 31 properties listed for sale, and 20 properties listed for rent in Marsden on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Marsden.

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Kate Handley
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Ray White Waterford
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