OFF MARKET

75 Penny Lane
Branyan QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
Land area: 65210m2
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Last updated 11 Nov 2024
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Property Details for 75 Penny Lane, Branyan

75 Penny Lane, Branyan is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 65210m2 and floor size of 165m2.

Building Type
House
Year Built
1960
Floor Size
165m2
Land Size
65210m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP204893

Last Listing description (August 2023)

This 6.52 hectare (approximately 16 acres) property benefits from 2 titles, Lot 1 being 2.474 Hectares and Lot 26 being 4.047 Hectares. Located in ever popular Branyan and prime for sub-division and development, opportunities like this do not arise very often.

With 123.5 metre frontage to Penny Lane, a depth of 398.8 metres and second street frontage of 203.9m to Sutherland Road, this would make the perfect acreage sub-division for the developer with vision.

There is an older brick home on the block easily accessible to Penny Lane which really is in the category of 'Renovate or Detonate'.

Land of this size, of this potential and in such a favourable location is becoming harder and harder to find. The owner will also consider part payment by house and land or commercial property.

Rates are currently only $1872 per half year which is very moderate and allows the new owners to prepare the blocks for subdivision and development.

Call Greg McMahon on 0414 518 315 for further information.

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Property History for 75 Penny Lane, Branyan, QLD 4670

A timeline of how this property has performed in the market
  • 31 Jan 2022
    Listed for Sale $1,350,000

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About Branyan 4670

The size of Branyan is approximately 34.8 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Branyan in 2011 was 3,339 people. By 2016 the population was 4,145 showing a population growth of 24.1% in the area during that time. The predominant age group in Branyan is 0-9 years. Households in Branyan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Branyan work in a trades occupation. In 2011, 84.8% of the homes in Branyan were owner-occupied compared with 79.4% in 2016.

Branyan has 1,942 properties. Over the last 5 years, Houses in Branyan have seen a 93.78% increase in median value, while Units have seen a 44.60% increase. As at 31 October 2024:

  • The median value for Houses in Branyan is $715,826 while the median value for Units is $565,634.
  • Houses have a median rent of $620.
There are currently 17 properties listed for sale, and 1 property listed for rent in Branyan on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Branyan.

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