ONLINE AUCTION
4:00pm Wednesday 2nd December 2026
Go To: https://raywhitesherwood.com.au/watch-our-auctions-live
Positioned in a high-growth pocket of Oxley, 66 Tavistock Street presents a compelling opportunity for builders, developers and astute investors seeking immediate flexibility,
substantial holding options and high-yield redevelopment potential in an established transport corridor.
Zoned Low-Medium Density Residential (LMR - 3 or 4 storey mix) across two separate lots, the property offers exceptional scope to knock down, rebuild or redevelop into a modern multi-dwelling residential project (STCA). Adding significant strategic value, there is also the rare and valuable potential to acquire neighbouring 64 Tavistock Street, securing a substantial dual-lot footprint that dramatically increases street frontage, design flexibility and total development yield.
For those considering redevelopment, the LMR zoning is a standout advantage, catering to modern townhouse configurations within an area undergoing rapid urban transformation. Surrounding developments provide a clear local precedent for medium-density living, underscoring the strong buyer demand and development viability of the street.
Alternatively, the existing dwelling offers practical holding capacity, allowing investors and developers to generate rental income or hold comfortably while preparing architectural plans and navigating council approvals. For forward-thinking investors, the property also stands out as an attractive land-banking acquisition, securing high-density zoned land positioned just moments from Oxley's key retail, dining and rapid rail transport links.
Key highlights:
• Prime Low-Medium Density Residential zoning (LMR - 3 or 4 storey mix STCA)
• 842sqm across two separate lots
• Exceptional knockdown and redevelopment potential
• Strategic opportunity to purchase adjoining 64 Tavistock Street for multi-lot amalgamation
• Existing residence providing holding income potential during planning and approvals
• Generous, level parcel with ample outdoor space and functional layout
• Proven medium-density precedent with modern multi-dwelling complexes nearby
• Walkable access to Oxley Train Station and bus corridors for a seamless CBD commute
• Conveniently close to Oxley Station Shopping Centre (Woolworths, cafes and speciality retail)
• Moments from local green spaces including Haughton Park, Tom O'Neill Park and Rikki Bailey Park
• Direct connectivity to major arterial routes, including the Ipswich Motorway and Centenary Highway
A standout development prospect offering the choice to demolish, redevelop, amalgamate or land-bank, this is an opportunity where high-density zoning, prime positioning and expansion potential combine to deliver immediate options and substantial future rewards.
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