OFF MARKET

274 Queens Esplanade
Thorneside QLD 4158

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 612m2
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Property Details for 274 Queens Esp, Thorneside

274 Queens Esp, Thorneside is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 612m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1975
Floor Size
62m2
Land Size
612m2
Local Government
Redland
Lot/Plan
1/RP131953

Last Listing description (December 2022)

Auction Location: On - Site

Presenting an unrivalled opportunity along the Thorneside foreshore, this north-facing 612sqm corner block boasts an expansive 47m frontage and sensational views across Moreton Bay that will never be built out.

Occupied by a low set property converted into two tenanted units, the site features Development Approval for two brand new four-bedroom homes each on 306sqm.

Offering a myriad of possibilities for investors, owner-occupiers and developers, the opportunity exists to:

1 Landbank and continue to rent the two units while considering future options.
2 Proceed with BA for the DA approved house plans, and once complete, sell both homes or live in one and sell the other.
3 Submit your own BA and design a single house across the expansive 612sqm block.

Perfect for investors, the two units are rented by long-term tenants on a month-to-month lease. Unit one features one bedroom, unit two features two bedrooms, and both include private living, a good-sized kitchen, one bathroom, a separate toilet, internal laundry, and access to the yard and gardens.

For developers wishing to take advantage of the DA, plans have been drawn by Ashcroft Architects for two contemporary residences boasting exquisite style, lifestyle luxury and private space that takes full advantage of the waterfront location. Open plan living will accompany a chef's kitchen, entertainer's balcony, two bathrooms, a double garage and four bedrooms, including a lavish master suite. Building up to enhance the existing water views, residents will delight in stunning bay breezes, breath-taking sunrises, scenic outlooks and tranquil birdsong.

Situated in a beautiful bayside setting along Queens Esplanade, residents will enjoy a peaceful waterfront lifestyle with walking paths outside their door, and Beth Boyd Park and Blue Tongue Pantry Cafe just steps away. 1km from the local boat ramp and close to amenities, you are granted easy access to Thorneside station, Thorneside Village and Birkdale Fair.

Moments from renowned bayside schools, the property falls within the Birkdale State School and Wellington Point High School catchments, is 6 minutes to Redlands College, 11 minutes to Ormiston College and 21km to the CBD. Presenting spectacular potential and endless possibilities, this is a rare opportunity not to be missed.

*Boundary lines displayed are indicative only.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 274 Queens Esp, Thorneside, QLD 4158

A timeline of how this property has performed in the market
Last Sold
$1,150,000
18 Jun 2022
Listed for Rent
$265/w
26 Aug 2015
  • 18 Jun 2022
    Sold for $1,150,000
  • 23 May 2022
    Listed for Sale Auction
  • 09 Jul 2020
    Listed for Rent - Price not available
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About Thorneside 4158

The size of Thorneside is approximately 2.6 square kilometres. It has 14 parks covering nearly 15.4% of total area. The population of Thorneside in 2011 was 3,547 people. By 2016 the population was 3,772 showing a population growth of 6.3% in the area during that time. The predominant age group in Thorneside is 50-59 years. Households in Thorneside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thorneside work in a professional occupation. In 2011, 65.8% of the homes in Thorneside were owner-occupied compared with 66% in 2016.

Thorneside has 1,838 properties. Over the last 5 years, Houses in Thorneside have seen a 91.71% increase in median value, while Units have seen a 100.93% increase. As at 31 October 2024:

  • The median value for Houses in Thorneside is $1,046,860 while the median value for Units is $632,801.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Thorneside on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Thorneside.

Suburb Insights for Thorneside 4158

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Disclaimer
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.