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Back 59 Elizabeth Street
Off Market

59 Elizabeth Street

Acacia Ridge QLD 4110

792 m²
Land
Last sold for $600,000
Adam Holmes-BarryAdam Holmes-Barry, last sold this property on 15 June 2021 after -34 days on market.

Overview

Sold By Warren Kapoor

Sold By Warren Kapoor INVESTOR OR DEVELOP Warren Team exclusively presents this outstanding Investment and Development opportunity. Sitting on 792m2 of land in Acacia Ridge, this property comes with a multitude of options to get the maximum return on your money. DEVELOPMENT POTENTIAL - 792m2 of flat land - Low-Med Density, 2-3 stories - Subdivide into Single Lot Houses (subject to council approval - STCA) - Build Townhouses (STCA) - Build Units STCA) HOME FEATURES - Existing 3 Bedroom Home on site - Large Kitchen & Separate Living Space - 1 Baths - 2 Car Garage - Outdoor Entertaining Area - Swimming Pool ACACIA RIDGE Acacia Ridge is an ever-growing suburb with limitless potential. We're seeing a large amount of change in the area just in the last 10 years. Many city working professionals are choosing Acacia Ridge and surrounds as the place to live. With many convenient amenities plus easy access to the city makes the area highly sought after for young families. Developers are taking note of this as well. We've seen great amounts of land bought and converted into high-end units blocks in the council's zones that allow 2-3 stories. LAND SALES 8 Limerick St - 809m2 - $600,000 15 Marnham St - 658m2 - $475,000 26 Chardean St - 1,123m2 - $775,000 1 Emily St - 749m2 - $526,000 NEARBY DEVELOPMENTS 15 Marnham St - 658m2 - 5 Townhouses 48 Marnham St - 658m2 - 2 House Lots 51 Elizabeth St - 825m2 - 6 Units 38 Elizabeth St - 825m2 - 5 Townhouses 4 Ebury St - 1,356m2 - 7 Townhouses CURRENT VALUES 3 Bed Townhouse - $380,000 2 Bed Unit - $345,000 LOCATION FEATURES 12.4kms | BRISBANE CBD 100m | Acacia Ridge Kindergarten 200m | Acacia Ridge Community Hall 250m | Acacia Ridge Shopping Mall 600m | Tafe Queensland 1.2km | Acacia Ridge State School 1.7km | Archerfield Airport 4.0km | Sunnybank Plaza 4.8km | Griffith University Please contact us to express your interest. Need help with your Development Research? Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with consultants who are able to provide researched feedback to help you get your next project started. With the Brisbane City council encouraging development in this area, the project developers can start planning and receive a development approval in a reasonable time frame. Once your DA application is approved by the council, the townhouses can go to market almost immediately for off-the-plan sales. Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.

Features

792 m² lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Acacia Ridge over the last 12 months.

Property history for 59 Elizabeth Street

2021
Rented
Undisclosed
Leased on 20 Oct 2021 by Harcourts Algester
2021
Sold
$600,000
15 Jun 2021 by Adam Holmes-Barry, of RE/MAX Results Morningside

Happy sellers in Acacia Ridge

90%
90% of sellers in Acacia Ridge reported that their sale price either exceeded or met their price expectations.

Acacia Ridge stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Acacia Ridge over the last 12 months.

Local market activity for land plots in Acacia Ridge

Nearby agents

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Dipayan Bairagi

Dipayan Bairagi is a recommended agent for Acacia Ridge.  They have 1 local sale and collected 9 local reviews across the last 12 months.

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Adrian Daynes

Sellers who recommend Adrian Daynes have praised them for being local expert, clear communication, supportive, friendly, great negotiation, reliable and responsive

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Bevin Powell

Bevin Powell is a recommended agent for Acacia Ridge.  They have 33 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (113 reviews)
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Tatjana Freeman

Sellers who recommend Tatjana Freeman have praised them for being clear communication, supportive, local expert, reliable, detail-oriented, hard-working and honest

  •   4.9   (23 reviews)
  •  5 Reviews in Acacia Ridge
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