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117 Dyson Avenue
Sunnybank QLD 4109

Bedrooms: 5
Bathrooms: 3
Car spaces: 8
Land area: 8478m2
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Looking for a seasoned Developer..

The opportunity is available but are you game? 8,478m2 of land with challenges for a subdivision in an absolutely prime location!
This project is not for the feint-hearted or for those with shallow pockets or for the 'wannabe' Developers. There are many challenges and unknowns in this subdivision development!
Let's start with what we know:
1. There is a 1930's heritage-listed interwar timber 'Fordyce House' on the block. You could move the house within the block, to create a more efficient site plan design, but there are rules and limits with moving and restoring a heritage-listed home. Challenge #1.
2. There is a creek that runs through this 8,478m2 of land therefore decreasing the final lots numbers. Challenge #2.
3. There are 2 lots. Lot 1 faces Dyson Ave, and has the heritage-listed house on it. Lot 2 faces Beenleigh Rd and is zoned 'open space'. Joining and rezoning there in lies challenge #3.
4. Some of the land on either side of the creek has been filled (i.e. extra dirt added) to keep the land raised over the long period of time this owner has owned the land. The fill could be clean fill - we don't know. Your soil tests will reveal more. Challenge #4.
5. Lot 2 which faces Beenleigh Rd has an easement. This easement was for an old gas pipeline which is not operational anymore. Your challenge #5.
6. The Seller is only allowing minimal time periods for due diligence, DA approval applications and settlement dates. And any extensions requests will unlikely be given, and therefore you could loose all the time and money spent on the project if extension is not granted. Time will not be your friend. Challenge #6.
7. The Seller is wanting 8 months lease back after settlement. You could be okay with this, if not it'll be your challenge #7.
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Property Details for 117 Dyson Ave, Sunnybank

117 Dyson Ave, Sunnybank is a 5 bedroom, 3 bathroom House with 8 parking spaces and was built in 1930. The property has a land size of 8478m2. The place is currently for sale with Q Realty .

Building Type
House
Year Built
1930
Land Size
8478m2

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About Sunnybank 4109

The size of Sunnybank is approximately 4.7 square kilometres. It has 18 parks covering nearly 17% of total area. The population of Sunnybank in 2011 was 8,090 people. By 2016 the population was 8,686 showing a population growth of 7.4% in the area during that time. The predominant age group in Sunnybank is 20-29 years. Households in Sunnybank are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunnybank work in a professional occupation. In 2011, 64.3% of the homes in Sunnybank were owner-occupied compared with 60.2% in 2016.

Sunnybank has 3,891 properties. Over the last 5 years, Houses in Sunnybank have seen a 74.34% increase in median value, while Units have seen a 76.38% increase. As at 30 September 2024:

  • The median value for Houses in Sunnybank is $1,266,103 while the median value for Units is $697,470.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 45 properties listed for sale, and 21 properties listed for rent in Sunnybank on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Sunnybank.

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