OFF MARKET

56A Main Avenue
Bardon QLD 4065

Bedrooms: 6
Bathrooms: 5
Car spaces: 8
Floor area: 508m2
Land area: 1214m2
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Property Details for 56a Main Ave, Bardon

56a Main Ave, Bardon is a 6 bedroom, 5 bathroom Unit with 8 parking spaces and was built in 2024. The property has a land size of 1214m2 and floor size of 508m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2024
Floor Size
508m2
Land Size
1214m2
Local Government
Brisbane
Lot/Plan
4/RP87269

Last Listing description (October 2021)

Sold by Warren Kapoor

Warren Team exclusively presents this outstanding Investment and Development opportunity. Sitting on 1,214m2 of land in Bardon, this property comes with a multitude of options to get the maximum return on your money.

Residential Land is extremely hard to come by in Bardon. This 6 Unit Block allows you to have a steady cashflow income while getting your council approvals to subdivide.

DEVELOPMENT POTENTIAL
- 1,214m2 of land in Bardon
- Subdivide into Single Lot Houses (Subject to Council Approval)
- Past Approval for Subdivision (2010)
- Ask us for previously submitted development plans

INVESTMENT FEATURES
- Existing 6 Unit Block on site
- 5x1 Bed Units & 1x2 Bed Unit
- 8 Car Parks
- Single Title, No Body Corp fees
- $78,520/yr Gross Annual Income*
- Situated down a private driveway

BARDON
Located in one of the most prestigious suburbs in North Brisbane; Bardon is quickly becoming one of the most sought-after family areas.

The property is positioned down a private driveway on an elevated lot. It captures excellent views of the Brisbane City skyline with the added benefit of being close to an array of desirable amenities.

NEARBY DEVELOPMENTS
62-64 Main Ave - 2 House Lots
32 Harwood St - 2 House Lots
18 Ennever St - 2 House Lots

LOCATION FEATURES
3.5kms | BRISBANE CBD
20m | Rainworth State School
150m | Bus Stop
550m | Local Shops & Amenities
750m | Mt Coot-tha Botanical Gardens
1.5km | Auchenflower Train Station
1.5km | Wesley Hospital
2kms | Toowong Shopping Village
2kms | Brisbane Boys College
2.5km | Suncorp Stadium
3kms | Mt-Coot-tha Lookout
3.5km | Queensland University of Technology
3.8km | South Bank
4.5km | University of Queensland

*Income based on fully occupied dwelling

Please contact Adam for more information or to express your interest.

Need help with your Development Research?
Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with consultants who are able to provide researched feedback to help you get your next project started.

With the Brisbane City council encouraging development in this area, the project developers can start planning and receive a development approval in a reasonable time frame. Once your DA application is approved by the council, the townhouses can go to market almost immediately for off-the-plan sales.

Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.

Property History for 56a Main Ave, Bardon, QLD 4065

A timeline of how this property has performed in the market
Last Sold
$1,700,000
02 Jul 2021
Listed for Rent
$250/w
21 Jun 2017
  • 02 Jul 2021
    Sold for $1,700,000
  • 19 May 2021
    Listed for Sale UNDER CONTRACT
  • 14 Jul 2017
    Sold for $1,100,000
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About Bardon 4065

The size of Bardon is approximately 4.9 square kilometres. It has 20 parks covering nearly 25.4% of total area. The population of Bardon in 2011 was 9,256 people. By 2016 the population was 9,491 showing a population growth of 2.5% in the area during that time. The predominant age group in Bardon is 40-49 years. Households in Bardon are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bardon work in a professional occupation. In 2011, 72% of the homes in Bardon were owner-occupied compared with 73.6% in 2016.

Bardon has 4,067 properties. Over the last 5 years, Houses in Bardon have seen a 79.33% increase in median value, while Units have seen a 66.08% increase. As at 31 August 2024:

  • The median value for Houses in Bardon is $1,844,109 while the median value for Units is $959,109.
  • Houses have a median rent of $850 while Units have a median rent of $625.
There are currently 30 properties listed for sale, and 11 properties listed for rent in Bardon on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Bardon.

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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.