255 Jones RoadBellbird Park QLD 4300
Property Details for 255 Jones Rd, Bellbird Park
255 Jones Rd, Bellbird Park is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1982. The property has a land size of 4790m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2023)
RENOVATE OR DETONATE TO DEVELOP THE CHOICE IS YOURS!
This is a prime piece of real estate that offers an excellent opportunity for development. The property sits on a large, flat block with two houses. This block has the potential for subdivision (STCA, making it an attractive investment opportunity for those looking to expand their real estate portfolio. With the ability to have two sources of income immediately whilst you go through the motions of the applications. The houses themselves are currently lived in, however require cosmetic renovations to obtain a strong rental yield.
Additionally, the town sewerage does not impede the block but rather runs along the left side of the block, along the fence line, and through the back of the block, again along the fence line, adding the ease of development with one less thing to do keeping overheads low. Completely free of easements and nature overlays, the one thing to note is the small water overflow path to the back left side of the block and along the fence line. Since the recent developments and storm water drainage added surrounding the property no water sits within the overflow, having spoken with a town planner it would be quite easy to remove giving you the future potential to redirect or remove (STCA).
The first house on the property is a high-set house with a good-sized kitchen, three bedrooms, and a dining area that leads out to a large deck. The second house is low-set and designed for low maintenance, with three bedrooms and a large kitchen dining area. With two houses already on the block, this property is an excellent opportunity for multi-generational living or as a rental investment property.
With so much happening within Bellbird Park this up-and-coming community is exactly where you need to invest, as the future growth and opportunities in the area are clear, with infrastructure readily available to provide income.
DO NOT HESITATE PICK UP THE PHONE NOW!
The following Rental Appraisals are subject to cosmetic renovations of the two houses:
Highset Rental Appraisal $490-$510 per week
Lowset Rental Appraisal $470-$500 per week
Locality:
Bus Stop 600M
Town Square shopping centre 2.8KM
Brisbane City 27.6KM
Bellbird Park Secondary College 1.7KM
Oak Retirement Village 900M
Disclaimer:
Price Real Estate Western Suburbs has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Property History for 255 Jones Rd, Bellbird Park, QLD 4300
- 11 Jul 2023Sold for $1,200,000
- 22 Aug 2022Listed for Sale By Negotiation
- 22 May 2013Listed for Sale $850,000 +
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About Bellbird Park 4300
The size of Bellbird Park is approximately 6.5 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Bellbird Park in 2011 was 5,029 people. By 2016 the population was 6,728 showing a population growth of 33.8% in the area during that time. The predominant age group in Bellbird Park is 0-9 years. Households in Bellbird Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellbird Park work in a trades occupation. In 2011, 64.6% of the homes in Bellbird Park were owner-occupied compared with 57.4% in 2016.
Bellbird Park has 4,221 properties. Over the last 5 years, Houses in Bellbird Park have seen a 91.18% increase in median value, while Units have seen a 92.26% increase. As at 31 August 2024:
- The median value for Houses in Bellbird Park is $738,899 while the median value for Units is $416,628.
- Houses have a median rent of $560 while Units have a median rent of $375.
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