SOLD
Sold on 26 Jul 2023 for $1,250,000

48 Milanion Crescent
Carindale QLD 4152

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 254m2
Land area: 1143m2
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Property Details for 48 Milanion Cres, Carindale

48 Milanion Cres, Carindale is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 1143m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in July 2023. There are other 5 bedroom House sold in Carindale in the last 12 months.

Building Type
House
Year Built
2023
Floor Size
254m2
Land Size
1143m2
Local Government
Brisbane
Lot/Plan
49/RP107905

Last Listing description (September 2023)

Savvy investors and emerging real estate developers should act quickly to secure access to this very rare and massive land opportunity. This large 1,143 sqm block is located in a very convenient residential location in the true heart of popular Carindale.
On a quiet street, this large lot currently houses a functional four bedroom home. This home has been earning a reasonable annual income for the seller through rent. The quiet location is surrounded by natural hedgerows at the rear of the boundary, with neighbors on both sides of the property to the rear.

The land has DA approved to be subdivided. This means that the land brings for more arrangements as well as options for the residence.

1. If you want to choose the right location and enough space for building one your brand new luxury home, then this large lot is the perfect place for you to design and rebuild a modern retreat and take advantage of the convenience and long-term value of the area's homes.

2. Alternatively, you can demolish the existing house and do the development in two lots, selling the general land of which has sufficient commercial value. TWO blocks of land subdivision with development approval giving new owners the chance to build a house to live in, and one to rent out or sell off, or host extended family.

3. The new owner can move right into this large house with a renovation, transforming these solid bones into a magnificent character home that suits your family's needs. Or rent it out for income as land bank investment with the 1143SQM land.

Nestled in the leafy streets of Carindale, residents are only metres from the hiking trails of Belmont Hills Reserve and a short stroll to beautiful parkland, playgrounds and bike paths. Just 600m from Belmont State School and childcare, families are also in close proximity to popular private schools.

Well serviced by buses and offering quick access to the Gateway Motorway, travel is made easy. Only 2km from Westfield Carindale and 22 minutes to the CBD this home offers exceptional convenience.

*Disclaimer: All new house photos are indicated the future building options.

Property History for 48 Milanion Cres, Carindale, QLD 4152

A timeline of how this property has performed in the market
Last Sold
$1,250,000
26 Jul 2023
Listed for Rent
$390/w
08 Mar 2019
  • 26 Jul 2023
    Sold for $1,250,000
  • 24 Feb 2023
    Listed for Sale $1.25M Old house with 1143SQM land
  • 26 Sep 2022
    Listed for Sale For Sale
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About Carindale 4152

The size of Carindale is approximately 10.3 square kilometres. It has 27 parks covering nearly 33.4% of total area. The population of Carindale in 2011 was 15,577 people. By 2016 the population was 15,735 showing a population growth of 1.0% in the area during that time. The predominant age group in Carindale is 50-59 years. Households in Carindale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carindale work in a professional occupation. In 2011, 82.3% of the homes in Carindale were owner-occupied compared with 82.6% in 2016.

Carindale has 6,243 properties.

    There are currently 23 properties listed for sale, and 11 properties listed for rent in Carindale on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Carindale.

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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.