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8 Barrett Street

Bungalow QLD 4870

4
2
125 m²
535 m²
House
Currently for sale - view listing

Overview

Two Titles, Multiple Possibilities - Rare Inner-City Development Opportunity

8 Barrett Street, Bungalow Positioned just minutes from the Cairns CBD, these two adjoining properties present an outstanding opportunity for developers, builders and buyers seeking a substantial inner-city landholding with multiple future development pathways. Offering approximately **1,068m² across two separate titles**, the site provides the flexibility to explore a larger apartment development across the combined holding or retain the individual allotments and create a new single dwelling on each block. Development Opportunities Option 1 - Apartment Development Combine the two adjoining properties and investigate the potential for a purpose-designed apartment development. The generous combined site area provides an exciting opportunity to create a modern residential project in an established location with strong rental demand and convenient access to the Cairns CBD. Indicative development feasibility information can be made available to qualified buyers upon request. **Option 2 - Two New Detached Homes** Retain the existing titles, remove the current dwellings and construct one contemporary new home on each allotment. This option may appeal to builders, investors or families wanting to create two separate residences while preserving the flexibility and value of the individual titles. Property Highlights * Two adjoining properties offered as one development opportunity * Approximately 1,068m² of combined land * Approximately 533m² at 6 Barrett Street * Approximately 535m² at 8 Barrett Street * Two existing titles * Potential apartment development across the combined site * Potential to build one new detached dwelling on each block * Excellent opportunity for developers, builders and investors * Established inner-city location * Minutes from the Cairns CBD * Convenient access to shopping, schools, public transport and major arterial roads * Indicative feasibility information available upon request Opportunities offering this level of flexibility across two adjoining inner-city properties are increasingly difficult to secure. Whether your vision is to deliver a new apartment project or construct two individual homes, 6 and 8 Barrett Street provide an exceptional foundation for your next development. Contact Brad Davidson today to obtain further information, discuss the development concepts or arrange an inspection. *All areas and development concepts are approximate and indicative only. Any proposed development, demolition or construction is subject to Cairns Regional Council approval and all other relevant planning, building, engineering and statutory requirements. Buyers should undertake their own investigations regarding zoning, overlays, flooding, services, infrastructure charges, development yield and site suitability before purchasing.*

Features

4 bedrooms
2 bathrooms
125 m² floor area
535 m² lot size
House

Happy sellers in Bungalow

94%
94% of sellers in Bungalow reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Bungalow over the last 12 months.

Local market activity for 4 bedroom houses in Bungalow

In the last 12 months, 1 four-bedroom house similar to 8 Barrett Street, have been sold.

This represents a 50% increase in four-bedroom houses sales when compared to the previous 12 months.

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