Unlock the potential of this prime property at 692 Trouts Road, Aspley. This flat 2643m² block, zoned Emerging community, is a fantastic opportunity for Developers or Investors.
The development landscape in Aspley, QLD is evolving, and sites like 692 Trouts Rd are a prime example of the growing demand for subdivision or townhouse developments.
Zoned emerging community, with $1.34 million median price in the suburb and with well-designed homes, this project showcases how thoughtful planning can create significant value for developers and future residents alike.
Versatile Development/Investment Options (STCA) :
• Subdivision Potential: Subdivide the block to create 5-6 lot subdivision
• Offers 10-12 townhouses yield
• Solid Structure: The existing home features 6 Bedrooms, 2 Bathrooms,3 Car Parks and a swimming pool with a solid structure
• Holding Income: The house has a rental appraisal of $800-$850 per week
What makes this site stand out is its Proximities :
• Aspley State School - 1.36 km
• McDowall School - 3 km
• Albany Creek State High School - 3.5 km
• Grow Early Education Bridgeman Downs - 0.8 km
• Avenues Early Learning Centre Aspley - 0.4 km
• Chermside Markets Shopping Centre - 3.3 km
• Aspley Hypermarket - 1.3 km
• Westfield Chermside - 4.1 Km
• 400 m walk to the nearest Bus Stop
If you wish to know more on this site call us on 0469831089 or email sid.arora@raywhite.com
The size of Aspley is approximately 6.5 square kilometres. It has 17 parks covering nearly 13.8% of total area. The population of Aspley in 2011 was 12,594 people. By 2016 the population was 12,108 showing a population decline of 3.9% in the area during that time. The predominant age group in Aspley is 40-49 years. Households in Aspley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspley work in a professional occupation. In 2011, 68.1% of the homes in Aspley were owner-occupied compared with 69.5% in 2016.
Aspley has 5,518 properties. Over the last 5 years, Houses in Aspley have seen a 86.51% increase in median value, while Units have seen a 65.48% increase. As at 31 October 2024:
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