FOR SALE
FOR SALE

42 Troughton Road
Sunnybank QLD 4109

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 809m2
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Prime Development Opportunity in Sunnybank - Previously DA Approved for 16 Units

Welcome to 296 Turton Street, also known as 42 Troughton Road, Sunnybank-an exceptional medium-density development site with vast potential in one of Brisbane's most desirable locations.
This large 809m² corner block with dual street access and over 60m of frontage offers a rare opportunity for developers or investors to capitalize on its prime position and versatile potential.
Development Potential: The property was previously DA approved for a 4-story development comprising 16 units, showcasing its suitability for medium-density residential projects. However, this is just one option. The site offers other potential configurations and possibilities for various development styles, providing flexibility for developers to adapt to market demands and capitalize on this prime location.
Current Rental Income: Currently, the property features a 3-bedroom home, which is tenanted, providing immediate rental income while you finalize your development plans or hold the property for future appreciation.
Location, Location, Location:
- Central Sunnybank: Positioned in the heart of Sunnybank's central shopping and commercial precinct, this location ensures high visibility and easy accessibility.
- Convenient Amenities: A short drive to major shopping centers, dining options, hospitals, and Griffith University, making it an ideal location for future residents.
- Excellent Transport Links: Close proximity to public transport, including Banoon Train Station, provides seamless connectivity to Brisbane CBD and surrounding areas.
Investment Highlights:
- Large Corner Block: 809m² with dual street access and 60m frontage, offering excellent development flexibility.
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Property Details for 42 Troughton Rd, Sunnybank

42 Troughton Rd, Sunnybank is a 3 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a land size of 809m2. The place is currently for sale with Ray White Rochedale.

Building Type
Apartment
Land Size
809m2

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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 3,872 properties. Over the last 5 years, Houses in Sunnybank have seen a 73.34% increase in median value, while Units have seen a 74.10% increase. As at 31 October 2024:

  • The median value for Houses in Sunnybank is $1,259,150 while the median value for Units is $688,184.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 53 properties listed for sale, and 13 properties listed for rent in Sunnybank on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Sunnybank.

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Peter Luo
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Ray White Rochedale
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