SOLD
Sold on 15 Mar 2024 for $1,000,000

82 Penson Street
Stretton QLD 4116

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 704m2
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Property Details for 82 Penson St, Stretton

Building Type
Land
Land Size
704m2
Local Government
Brisbane
Lot/Plan
2/SP330545

Last Listing description (August 2024)

82 Penson Street STRETTON
Under Contract Lot 2

Lot 2 only:

RARE STRETTON LAND SITE OF 704SQM - BUILD YOUR ULTIMATE HOME HERE!

Aspiring new home builders and astute project developers should be quick to consider this fantastic vacant block located in a charmed pocket of family-friendly Stretton. The perfect place to build your brand-new home, on a site that has easy access, all mains connections in place and is ready to commence construction without delay!

Lot 2 offers a generous 704sqm of land which is already fully subdivided from its neighbouring blocks. It is flat and rectangular shaped with a decent frontage of 14m allowing plenty of room either side of your home to provide essential privacy and space. This practical shape gives incoming owners a plethora of house designs to play with to come up with the best solution to suit the family's needs and budget.

Explore a sprawling lowset option with resort-style pool and large entertainment area that you can grow into or stay for the long-haul and into retirement. Or you may dream of an elegant two-storey design that provides lots of bedrooms, perhaps additional living areas or work from home set up. There truly is no cap on what you can dream up and build here!

Stretton is a popular and well-established suburb which has very few vacant land sites available, making this rare opportunity really exciting! This could be your chance to acquire a big, level block in a location that keeps getting stronger and shows consistent performance on returns and capital growth.

Surrounded by multi-million-dollar homes, the neighbourhood exudes a high standard of living and offers plenty of convenience for families, couples and professionals alike. Walk to the local bus stop and shopping complex or drive a few minutes to Stretton College catchment.

Situated under 30 minutes from the Brisbane CBD, the area has great connectivity and is accessible to public transport options and proximity to the Gateway motorway for airport and coastal routes. Couple this with two elite state-run schools in the immediate vicinity, great recreational facilities, and sports clubs and under 10 minutes' drive to Sunnybank Hills for major supermarkets and Sunnybank's Market Square precinct for cuisine and culture.
This appealing proposition is ideal for experienced and first timers looking to build a brand-new house. Don't delay your enquiry, call Eric Li on 0425 564 877 now for more information and book a time to walk the block. All enquiries welcomed.

Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 82 Penson St, Stretton, QLD 4116

A timeline of how this property has performed in the market
Last Sold
$1,000,000
15 Mar 2024
  • 15 Mar 2024
    Sold for $1,000,000
  • 06 Mar 2024
    Listed for Sale Under Contract

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About Stretton 4116

The size of Stretton is approximately 4.5 square kilometres. It has 12 parks covering nearly 45% of total area. The population of Stretton in 2011 was 4,067 people. By 2016 the population was 4,316 showing a population growth of 6.1% in the area during that time. The predominant age group in Stretton is 20-29 years. Households in Stretton are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Stretton work in a professional occupation. In 2011, 86.8% of the homes in Stretton were owner-occupied compared with 86.8% in 2016.

Stretton has 1,620 properties. Over the last 5 years, Houses in Stretton have seen a 89.71% increase in median value, while Units have seen a 8.35% increase. As at 31 October 2024:

  • The median value for Houses in Stretton is $1,405,838 while the median value for Units is $634,575.
  • Houses have a median rent of $850.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Stretton on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Stretton.

Suburb Insights for Stretton 4116

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Ray White Sunnybank Hills
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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.