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1 Segovia Way
Slacks Creek QLD 4127

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Land area: 2539m2
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Landmark DA Approved 2,539m² vacant Land - Approved for 2 separate dwelling houses

Discover a rare chance to secure a DA-approved vacant residential land in the highly sought-after Slacks Creek area, primed for Dual Occupancy development. This exceptional property includes approval for two separate dwelling houses. The versatile setup offers endless possibilities, with potential to accommodate two families, or generate rental income from one or both residences, or operate a home-based business (subject to Council approval).
1 Segovia Way, Slacks Creek offers a rare and remarkable opportunity to acquire 2,539m² of unspoiled residential land in an exclusive pocket of Slacks Creek. This property offers a unique blend of residential and possible business potential, providing unmatched flexibility for a savvy buyer. This exceptional DA-approved site offers an impressive opportunity for developers, investors, and homeowners alike.
Situated on a prime corner block with Low-Density Residential zoning, it boasts an expansive frontage along Segovia Way and the Pacific Highway Service Road, ensuring high visibility and accessibility. The property's elevated position and broad road frontage make it highly visible and versatile, ideal for a range of projects.
For those not focused on development, this is a rare chance to secure a spacious part acreage block to craft two residences. With building design approval in place, the slight sloping terrain is perfect for construction.
Positioned in a highly sought-after area of Slacks Creek and close to key infrastructure, properties like this are in strong demand and rarely stay on the market for long.
Capitalizing on one of the fastest growing residential and commercial corridors in South East Queensland. The approvals and plans in place are available to all buyers upon request. To discuss this landmark property in further detail please feel free to contact us at any time Azhar Omar 0422 363 450 or Amber Olszewski 0478 106 214.
Property Highlights:
• Approved Dual Occupancy, i.e., Two separate dwellings approved: a 3-bedroom house plus a separate 2-bedroom auxiliary house, perfect for maximizing rental income or multi-generational living.
• Excellent Location: This corner block is positioned with prominent exposure to the Pacific Highway Service Road, enhancing its appeal for a home-based business opportunity (subject to Council approval).
• Investment Potential: Ideal for developers, builders, investors, or owner-occupiers with a business interest, the property's configuration allows for dual income streams • without subdivision.
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Property Details for 1 Segovia Way, Slacks Creek

Building Type
Land
Land Size
2539m2

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About Slacks Creek 4127

The size of Slacks Creek is approximately 8.5 square kilometres. It has 24 parks covering nearly 16.8% of total area. The population of Slacks Creek in 2011 was 10,435 people. By 2016 the population was 10,423 showing a population decline of 0.1% in the area during that time. The predominant age group in Slacks Creek is 0-9 years. Households in Slacks Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Slacks Creek work in a labourer occupation. In 2011, 54.7% of the homes in Slacks Creek were owner-occupied compared with 53.8% in 2016.

Slacks Creek has 4,867 properties. Over the last 5 years, Houses in Slacks Creek have seen a 119.77% increase in median value, while Units have seen a 111.72% increase. As at 30 November 2024:

  • The median value for Houses in Slacks Creek is $718,170 while the median value for Units is $475,498.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 26 properties listed for sale, and 33 properties listed for rent in Slacks creek on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Slacks creek.

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Azhar Omar
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Amber Olszewski
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