FOR SALE
$1.26 Million

27, 28 & 29/15-25 Skull Road
White Rock QLD 4868

Bedrooms: 8
Bathrooms: 6
Car spaces: 3
Land area: 734m2
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Unique Investment Opportunity in Modern, Secure Gated Complex

Located within a contemporary and private, secure gated complex, this exclusive property listing presents an unparalleled investment opportunity. Comprising three adjacent vacant lots to be purchased together, with a total land size of 734m2, you can be promised lucrative returns and substantial potential for growth once built into the proposed two and three-bedroom villas.
To maintain the highest possible quality and standards within the complex, you will be required to build 3 separate villas on the blocks that are of a similar size and layout as the existing villas onsite. (Development Plans available - please enquire for more information). Consisting of 45 villas currently, your pod will bring the complex total to 48, with a shared pool. Once purchased, you can begin development on the land with an estimated completion time of 9-12 months. To build the 3 villas, the construction costs to the same standard and inclusions as the other villas in CitiEdge, are estimated to be $858,865.12 including GST.
Lots 27 and 29
- Proposed configuration: 3 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $580 each
Lot 28
- Proposed configuration: 2 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $530
The combined proposed rental income from all three lots amounts to an impressive $1,690 per week (projection based on June 2025).
Body Corporate: Approx $3,010 per villa, per annum
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Property Details for 27, 28 & 29/15-25 Skull Rd, White Rock, QLD 4868

27 28 & 29/15-25 Skull Rd White Rock QLD 4868 is a 8 bedroom, 6 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 734m2. The place is currently for sale with One Stop Property.

Building Type
BlockOfUnits
Land Size
734m2

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About White Rock 4868

The size of White Rock is approximately 9.5 square kilometres. It has 8 parks covering nearly 1.9% of total area. The population of White Rock in 2011 was 4,490 people. By 2016 the population was 4,728 showing a population growth of 5.3% in the area during that time. The predominant age group in White Rock is 0-9 years. Households in White Rock are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in White Rock work in a trades occupation. In 2011, 53.5% of the homes in White Rock were owner-occupied compared with 53.4% in 2016.

White Rock has 2,214 properties. Over the last 5 years, Houses in White Rock have seen a 66.29% increase in median value, while Units have seen a 73.84% increase. As at 31 August 2024:

  • The median value for Houses in White Rock is $492,189 while the median value for Units is $406,844.
  • Houses have a median rent of $550 while Units have a median rent of $518.
There are currently 16 properties listed for sale, and 4 properties listed for rent in White rock on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in White rock.

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Nickoli Obersky
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Sam Holt
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