16 Glastonbury RoadSouthside QLD 4570
Property Details for 16 Glastonbury Rd, Southside
16 Glastonbury Rd, Southside is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2023m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Last Listing description (November 2019)
Opportunity, Potential, Possibilities, Investment, great home, rental income, future development all fantastic options for this awesome flood free 2023m2 property in a great Southside location! Lots of choices and a lot to think about with this 1. So get planning and better still get excited, your new venture starts here!
Location:
House:
Large Queenslander style home on large 2023m2 block.
Features:
Covered front veranda.
3 x carpeted bedrooms plus sleep out.
Spacious lounge.
Separate kitchen and dining area.
Bathroom with shower over bath combo.
Laundry downstairs.
Outside:
Double lockup shed.
Low maintenance block fenced on 3 sides.
Benefits from urban services including reticulated water and sewerage as well as telecommunications and overhead electricity.
Land:
2023m2, half an acre user friendly level block.
Zoned: residential.
Do something do nothing, either way a great home to simply move in and enjoy, or rent out with potential rent return of up to $270 per week.
Potential development opportunities STCC.
Possibilities:
1. House - A Dwelling house is exempt development and would not require any planning approval.
A dwelling house may also include a secondary dwelling (granny flat) where attached to a dwelling house and not exceeding a gross floor area of 60m2. The attachment may be via a covered walkway to create separation and unenclosed decks, verandahs, porches etc can be excluded from the gross floor area.
2. Dual Occupancy - The subject site meets basic acceptable outcomes for a compliant dual occupancy development. Amongst other things, this includes minimum lot area of 750m2, 18m frontage and no existing or proposed dual occupancy development on any adjoining properties. Subject to design the site could be developed to accommodate 2 separate villas with each including 4 beds, 2 bath and double garages. Upon completion these dwellings could be strata titled to allow individual sale of each dwelling.
3. Multiple Dwellings - It may be possible to develop the site for multiple dwellings. A multiple dwellings development is not a use that is consistent with the zone, however, may be supported if the development maintains the low density intended for the zone which is no more than 1 dwelling per 500m2. This would allow up to a maximum 4 units on the site to remain within the allowable density. Actual yield would be subject to design. Such a development would be Impact Assessable and would be subject to public notification during the development assessment process.
4. Subdivision - The minimum lot size within the Residential Living Zone is 500m2. With consideration given to the size of the lot and the existing constraints (slope and service), the site could be subdivided to create up to 4 additional lots.
Contact the team at agents2go for more information. You wont regret it!
Disclaimer
Whilst all due diligence has been taken in the preparation/details of this document agents2go can attach no guarantee to them and recommend intending purchasers conduct their own enquiries.
Property Code: 744
Property History for 16 Glastonbury Rd, Southside, QLD 4570
- 23 Sep 2019Sold for $245,000
- 16 Sep 2018Listed for Sale MID $200,000's!
- 05 Feb 2018Listed for Rent - Price not available
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0About Southside 4570
The size of Southside is approximately 18.6 square kilometres. It has 27 parks covering nearly 3.5% of total area. The population of Southside in 2011 was 5,509 people. By 2016 the population was 5,718 showing a population growth of 3.8% in the area during that time. The predominant age group in Southside is 10-19 years. Households in Southside are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Southside work in a trades occupation. In 2011, 67.8% of the homes in Southside were owner-occupied compared with 65% in 2016.
Southside has 3,676 properties. Over the last 5 years, Houses in Southside have seen a 86.21% increase in median value, while Units have seen a 55.17% increase. As at 31 October 2024:
- The median value for Houses in Southside is $653,337 while the median value for Units is $394,379.
- Houses have a median rent of $555 while Units have a median rent of $340.
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