OFF MARKET

257 Melton Road
Northgate QLD 4013

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Floor area: 103m2
Land area: 829m2
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Property Details for 257 Melton Rd, Northgate

257 Melton Rd, Northgate is a 4 bedroom, 4 bathroom Townhouse with 3 parking spaces and was built in 1930. The property has a land size of 829m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Townhouse
Year Built
1930
Floor Size
103m2
Land Size
829m2
Local Government
Brisbane
Lot/Plan
9/RP34539

Last Listing description (September 2021)

Positioned in ever so popular Northgate, this outstanding LMR2 Zoned 829m2 splitter block is ideally situated within walking distance to public transport, local shops, cafes, parklands, and quality schooling and is an unmissable opportunity for astute developers and investors alike.

The 829m2 block is the ultimate blank canvas for your development/subdivision plans, already on 2 separate lots and being recently rezoned for Medium Density Residential, is an opportunity not to be missed.

Spoilt for choice and opportunity, the potential and convenience of this rare and in-demand property is sure to be a crowd pleaser amongst buyers and your inspection is highly recommended.

A snapshot of features include:

* 829m2 block over 2 lots
* Lot 10 - 407m2
* Lot 9 - 422m2
* LMR2 Zoned (Medium Density Residential)
* 20.2 metre frontage by 42.4 metre depth approx.
* Not within a character, heritage of demolition control precinct
* Super convenient locale, walking distance to public transport & local shops
* Close proximity to sought-after schooling, family parklands and more
* Easy access to main arterial roads, including M7 for a smooth commute to the City/Airport.
* Endless potential, and ideal for redevelopment/subdivision or renovation (STCA)
* Currently tenanted with great tenants until Jan 2022
* Plus, much more

For further information, please contact Dwight Colbert.

We look forward to meeting you at 257 Melton Road, Northgate.

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Property History for 257 Melton Rd, Northgate, QLD 4013

A timeline of how this property has performed in the market
Last Sold
$850,000
10 Aug 2021
Listed for Rent
18 Dec 2019
  • 10 Aug 2021
    Sold for $850,000
  • 16 Jun 2021
    Listed for Sale UNDER CONTRACT
  • 15 Aug 2019
    Listed for Rent $420 / week
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About Northgate 4013

The size of Northgate is approximately 3.3 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Northgate in 2011 was 4,304 people. By 2016 the population was 4,553 showing a population growth of 5.8% in the area during that time. The predominant age group in Northgate is 20-29 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation. In 2011, 54.6% of the homes in Northgate were owner-occupied compared with 52.7% in 2016.

Northgate has 2,762 properties. Over the last 5 years, Houses in Northgate have seen a 81.24% increase in median value, while Units have seen a 79.37% increase. As at 31 October 2024:

  • The median value for Houses in Northgate is $1,194,752 while the median value for Units is $644,051.
  • Houses have a median rent of $630 while Units have a median rent of $535.
There are currently 20 properties listed for sale, and 12 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Northgate.

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