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81 Lancaster Street

Garbutt QLD 4814

2
1
1
809 m²
House
Currently for sale - view listing

Overview

ENDLESS POTENTIAL ON A GENEROUS BLOCK

Positioned on a generous 809sqm allotment in the ever convenient suburb of Garbutt, this charming cottage presents an outstanding opportunity for investors, developers, land bankers and owner occupiers alike. Comfortable and liveable as is, the home offers immediate enjoyment while presenting incredible future potential with a subdivision concept already mapped out and ready for execution. (STCA) Behind the established fencing and side access sits a neat two-bedroom cottage full of character, featuring traditional features and a functional layout. The kitchen offers ample storage and practicality, while the open-plan living and dining area creates a welcoming space to relax and unwind. What truly sets this property apart is the future upside. With subdivision plans already considered and much of the groundwork effectively in place, buyers can fast-track their vision and unlock the full potential of this sizeable allotment. Rarely do opportunities like this present themselves with both immediate usability and significant future upside. Whether you're seeking your next development project, a strategic landholding investment or a property with room to grow, 81 Lancaster Street delivers endless possibilities. Adding even further appeal, the adjoining block is also available for purchase and offers a similar development opportunity. Savvy buyers may wish to secure both properties and explore the potential to create a larger-scale development by connecting the rear allotments through future subdivision, maximising the potential of this unique offering.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
809 m² lot size
House

Property history for 81 Lancaster Street

2022
Sold
$280,000
Private Sale/Treaty on 01 Nov 2022 by Chelsea Stevens, of Astute Property Group

Happy sellers in Garbutt

85%
85% of sellers in Garbutt reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 2 bedroom houses in Garbutt

In the last 12 months, 7 two-bedroom houses similar to 81 Lancaster Street, have been sold.

This represents a 250% decrease in two-bedroom houses sales when compared to the previous 12 months.

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