38 Frawley Dr

Redbank Plains QLD 4301

107 m²

1229 m²

House

Currently for sale - view listing

Overview

Calling All Developers and Investors!

Positioned on a generous allotment in a convenient Redbank Plains location, this well-maintained three-bedroom home offers the perfect blend of comfort, functionality and exceptional future potential. Ideal for developers, investors and land bankers alike, this is a rare opportunity to secure a property with a development approval that can no longer be obtained under the current Ipswich planning scheme. This property benefits from a DA-approved one-into-two subdivision under the previous Ipswich DCP, allowing the existing home to remain after the subdivision. Following changes to the planning scheme and the expiry of the transition period on 30 June 2026, approvals of this nature are no longer available for lots in this area under the current rules. This creates a genuine point of difference and a unique value proposition for the successful purchaser. The existing home offers three comfortable bedrooms serviced by a central family bathroom, spacious living and dining areas, and a functional kitchen with ample storage and bench space. The generous yard provides plenty of space for children and pets, while also offering flexibility for future development. Adding even more appeal, the current tenancy includes provisions allowing development works to be undertaken while the tenant remains in occupation, providing the opportunity to continue generating rental income while progressing the approved subdivision. Property Features: • Three well-sized bedrooms • Central family bathroom • Spacious living and dining areas • Functional kitchen with ample storage and bench space • Large allotment with ample outdoor space • DA Approved for a one-into-two subdivision under the previous Ipswich DCP • Existing home can remain after subdivision approval • Rare approval that cannot generally be replicated under the current planning scheme • Opportunity to retain rental income while undertaking development (subject to lease conditions) Location Highlights: • Approximately 3 minutes to Redbank Plains State School • Approximately 3 minutes to Town Square Redbank Plains Shopping Centre • Approximately 4 minutes to Redbank Plains State High School • Approximately 5 minutes to early learning centres • Approximately 11 minutes to Orion Springfield Central • Easy access to public transport and major arterial roads Whether you're looking to develop immediately, secure a rare landholding with significant upside, or invest in a property with an irreplaceable planning approval, this is an outstanding opportunity in one of Redbank Plains' most convenient locations. For private inspections please call Ratio Rajput on 0413 357 366 or Elle Ambrose on 0437 741 555. Privacy Disclaimer: The information provided herein is based on sources considered reliable, but it is strongly recommended to verify its accuracy independently. Harcourts Evolution do not assume responsibility for any inaccuracies or errors in the information provided. Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and/or furnishings depicted, item removal or photo editing for advertising purposes. Harcourts Evolution strongly recommend visiting the property in person for an accurate assessment.