OFF MARKET

171 Tufnell Road
Banyo QLD 4014

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 1032m2
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Property Details for 171 Tufnell Rd, Banyo

171 Tufnell Rd, Banyo is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1032m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1950
Floor Size
185m2
Land Size
1032m2
Local Government
Brisbane
Lot/Plan
6/RP34624

Last Listing description (April 2023)

Proudly presenting to the market, for the first time in over 28 years, an exceptionally positioned, 1032m2 double block that will appeal to developers.

If you have been looking for a property that offers you an abundance of opportunities, then look no further, you've found it!

Moving through the home you will find a spacious family living area which flows through to the dining and kitchen harmoniously. The sleeping quarters consists of three well sized bedrooms all serviced by the family bathroom which is easily accessible from all areas of the home. The home comes with an additional family rumpus room and a spacious laundry. Making your way outside you will be welcomed by the large undercover alfresco. The home comes equipped with a single car port and single lock up garage.

Whether you are looking for a long-term investment or development site (subject to applicable approvals) it does not get much better than '171 Tufnell Road, Banyo'. This is an exceptional opportunity to secure a development site in a suburb where opportunities to buy are scarce, especially double blocks over 1000m2.

As the purchaser of this property, you may choose to:
- Renovate and secure an extensive block in one of the best locations in Banyo
- Land bank for future opportunities
- Develop now (subject to applicable approvals)

Features:
- 1032m2 Flat block (two lots)
- Prime location
- Family home with 3 spacious bedrooms and multi living spaces
- Car accommodation
-Walking distance to Woolworths and the Banyo Train station

Area details:
Driving
- 20 minutes* to Brisbane CBD
- 10 minutes* to Chermside Shopping Centre
- 10 minutes * to Brisbane Airport
- 7 minutes* to Nudgee Beach - perfect for weekend trips and afternoon dog walks
- 3 minutes* to Australian Catholic University
- 6 minutes* to Nudgee Golf Course
- 3 minutes* to Virginia Golf Course

Walking
- 3 minutes * to Banyo village including Woolworths
- 2 minutes* to Banyo train station

This is an incredible opportunity that will not last long!

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 171 Tufnell Rd, Banyo, QLD 4014

A timeline of how this property has performed in the market
Last Sold
$1,240,000
08 Feb 2023
  • 08 Feb 2023
    Sold for $1,240,000
  • 01 Feb 2023
    Listed for Sale Under Offer
  • 15 Oct 1994
    Sold for $130,000
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About Banyo 4014

The size of Banyo is approximately 5 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Banyo in 2011 was 5,607 people. By 2016 the population was 5,864 showing a population growth of 4.6% in the area during that time. The predominant age group in Banyo is 30-39 years. Households in Banyo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banyo work in a professional occupation. In 2011, 67.9% of the homes in Banyo were owner-occupied compared with 67% in 2016.

Banyo has 2,968 properties. Over the last 5 years, Houses in Banyo have seen a 98.27% increase in median value, while Units have seen a 53.63% increase. As at 31 August 2024:

  • The median value for Houses in Banyo is $1,046,308 while the median value for Units is $558,408.
  • Houses have a median rent of $640 while Units have a median rent of $413.
There are currently 21 properties listed for sale, and 26 properties listed for rent in Banyo on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Banyo.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.