OFF MARKET

40 Argyle Street
Seventeen Mile Rocks QLD 4073

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 810m2
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Property Details for 40 Argyle St, Seventeen Mile Rocks

40 Argyle St, Seventeen Mile Rocks is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Land Size
810m2
Local Government
Brisbane
Lot/Plan
19/RP29788

Last Listing description (November 2022)

On the market for the first time in more than 23 years is this blue chip investment opportunity, situated on an 810sqm block on 2 lots with a sturdy 1970's highset split level family home with 4 bedrooms, 1 bathroom and double lock up car accommodation. The highset family home has a solid hardwood frame and is well maintained and features;
Open plan lounge dining opening to a rear north facing undercover verandah
Galley kitchen with 1970's cabinetry and electric cooktop and oven

4 generous bedrooms master with built-in cabinetry air-conditioning and fans
Downstairs via internal access to laundry, bed 4/study and double car accommodation

Options for the astute investor, developer or owner occupier include the possibility to renovate/occupy as is, create your dream home, remove the current structure and subdivide the land for sale, build 2 new contemporary highset homes, or hold as a rental with returns up to $450 per week.

Other information
810m2 allotment of 2 lots with a 20m frontage and depth of 40.4mtrs
Current structure a 1970's home could be removed with council approval
Multiple development opportunities and prospects for capital growth
Established street with convenient access to major arterial roads, Oxley and Jindalee shops, private and state educational facilities, local parks and playgrounds - Rocks Riverside Park.
12 km easy access to CBD

Bring your Architect, builder or town planner to explore the opportunities on offer with this scarce offering in a prime position. Enquire today.

Auction Saturday 8th October 2022 on site 10 am .

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Property History for 40 Argyle St, Seventeen Mile Rocks, QLD 4073

A timeline of how this property has performed in the market
Last Sold
$856,000
08 Oct 2022
Listed for Rent
$375/w
12 Oct 2020
  • 08 Oct 2022
    Sold for $856,000
  • 30 Aug 2022
    Listed for Sale AUCTION
  • 30 Jul 2020
    Listed for Rent $375 / week
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About Seventeen Mile Rocks 4073

The size of Seventeen Mile Rocks is approximately 2.1 square kilometres. It has 10 parks covering nearly 22.8% of total area. The population of Seventeen Mile Rocks in 2011 was 2,969 people. By 2016 the population was 2,723 showing a population decline of 8.3% in the area during that time. The predominant age group in Seventeen Mile Rocks is 40-49 years. Households in Seventeen Mile Rocks are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Seventeen Mile Rocks work in a professional occupation. In 2011, 76.6% of the homes in Seventeen Mile Rocks were owner-occupied compared with 76.6% in 2016.

Seventeen Mile Rocks has 1,266 properties. Over the last 5 years, Houses in Seventeen Mile Rocks have seen a 71.35% increase in median value, while Units have seen a 77.35% increase. As at 30 November 2024:

  • The median value for Houses in Seventeen Mile Rocks is $1,161,644 while the median value for Units is $770,534.
  • Houses have a median rent of $720 while Units have a median rent of $405.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Seventeen mile rocks on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Seventeen mile rocks.

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