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Sold on 07 Jul 2024 - Price Unavailable

266 Formosa Road
Gumdale QLD 4154

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Land area: 1.01ha
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Property Details for 266 Formosa Rd, Gumdale

266 Formosa Rd, Gumdale is a 4 bedroom, 2 bathroom AcreageSemi-rural with 6 parking spaces. The property has a land size of 1.01ha. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom AcreageSemi-rural sold in Gumdale in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
1.01ha
Local Government
Brisbane
Lot/Plan
2/RP200951

Last Listing description (July 2024)

Hidden privately on an elevated 2.5 acre estate framed by serene native bushland and tropical gardens, this classic brick family home presents an outstanding opportunity for the astute buyer to capitalise on this stellar location in a tightly held pocket of Gumdale. Entering the market for the first time since 1989, the original home is ripe for transformation or is an ideal site to build a bespoke acreage retreat.

The prime, prestigious Gumdale location offers the ultimate in acreage living with urban convenience. Eastside Village is close by with shopping and cafes and the property is within moments of quality private and public schools including the ever popular Gumdale State School and Moreton Bay Girls and Boys Colleges. The Lota foreshore, Manly Boat Harbour and the Wynnum CBD are only a few minutes' drive away. The home is in proximity to city-bound bus transport, convenient to Westfield Carindale, and has effortless access to both the Port of Brisbane and Gateway Motorways and Brisbane Airport.

- 10,100m2 or 2.5 acres of prime, picturesque, acreage living

- Gumdale's high capital growth assures return on investment for renovations, extensions or new build
- Rear north-facing block
- Completely private and serene, the home is set well back from the road and positioned out of sight of neighbours
- Existing home allows you to live comfortably for now, while offering scope for blending its timeless traditional features with contemporary renovations or extensions in the future
- Classic brick exterior, steel frame construction, a second story could be added
- Alternatively, demolish the existing home and build your own dream design, taking advantage of services running deep into the property being already in place
- Wide wrap around verandahs offer a place to relax in all weathers
- Practical kitchen with generous storage options and breakfast bar overlooks landscaped gardens
- Two separate and distinct living areas flow to the outdoors via sliding doors
- Light filled living and dining area is airconditioned
- Large windows used throughout the home capturing breezes from all directions
- King sized Master bedroom, ensuite, built in robes
- 3 additional spacious bedrooms, built in robes
- Main bathroom with shower, separate toilet
- Family sized laundry, plenty of bench space and storage, direct access to outdoors
- Ample integrated storage throughput
- 4 bay secure lock up steel frame shed, remote controlled doors, plenty of room for tools and storage
- Additional high and extra wide 2 bay carport which can easily accommodate boats, caravans, or machinery
- Expansive driveway/ entrance for additional parking
- Hard-packed, level ground close to shed provides an area for machinery and heavy vehicles if required
- The self-contained granny-flat in the garage building provides you with extra space and flexibility for living or ideal home office
- Granny flat has spacious living area, generous kitchen, large bathroom, bedroom with WIR, direct access to a huge, fenced patio and pool area
- Sparkling pool set privately into the bush setting and tropical gardens
- Clay tennis court awaiting restoration
- 5kw solar
- Fully secure

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Property History for 266 Formosa Rd, Gumdale, QLD 4154

A timeline of how this property has performed in the market
Last Sold
07 Jul 2024
  • 07 Jul 2024
    Sold for $2,500,000
  • 10 Jun 2024
    Listed for Sale UNDER CONTRACT
  • 07 Mar 2024
    Listed for Sale For Sale
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About Gumdale 4154

The size of Gumdale is approximately 4.5 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Gumdale in 2011 was 949 people. By 2016 the population was 2,116 showing a population growth of 123.0% in the area during that time. The predominant age group in Gumdale is 10-19 years. Households in Gumdale are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gumdale work in a professional occupation. In 2011, 84.6% of the homes in Gumdale were owner-occupied compared with 87.3% in 2016.

Gumdale has 685 properties. Over the last 5 years, Houses in Gumdale have seen a 68.96% increase in median value. As at 31 October 2024:

  • The median value for Houses in Gumdale is $1,585,576 while the median value for Units is $949,139.
  • Houses have a median rent of $838.
There are currently no properties listed for sale, and no properties listed for rent in Gumdale on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Gumdale.

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Matthew Griffiths
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RE/MAX First Residential - Coorparoo
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