Auction Location: In-Rooms Auction - 25 Pinelands Road, Sunnybank Hills
We're proud to present this extraordinary Sherwood investment offering six established income streams, exciting redevelopment potential (STCA), and a superb location where everything from trains and buses to shopping and schools is practically on your doorstep.
Top 5 Features at a Glance:
1. Six Units, One Title: 1,012m2 block with six self-contained two-bedroom units, each with individual garage.
2. Impressive Rental Returns: All six units tenanted, currently generating $143,260 gross rental income annually with potential gross income recently appraised at $156,000 - $182,000.
3. Exciting Development Potential: Medium Density Residential zoning, with seven, completed, five-level apartment developments, already in the street (STCA).
4. Neat & Functional Interiors: Original-condition units with standalone gas cookers and air-conditioned living areas.
5. Unbeatable Sherwood Location: Walk to trains, schools, parks, shops and dining; within a convenient distance to Indooroopilly and UQ.
An Investment That Works From Day One
Offering immediate rental income and exceptional long-term versatility, this established brick complex presents a compelling opportunity for astute investors and. Retain the six tenancies and enjoy an existing income stream, explore future improvements, or investigate redevelopment possibilities (STCA) - the choice is yours.
Six Self-Contained Residences
Each of the six units features two bedrooms (one with built-in robe), a bathroom, kitchen and living area, along with individual garage accommodation. Neat, original interiors include carpeted living areas, tiled kitchens, practical cabinetry, standalone gas cookers and air conditioning to the living spaces.
A Substantial Landholding with Future Possibilities
The 1,012m2 single title is a standout attraction. With Medium Density Residential zoning and seven, already constructed five-level apartment buildings, transforming the street, this property offers developers an exciting opportunity to investigate what may be achievable in this established suburban setting, subject to council approval and relevant planning requirements.
Location, Location - And Then Some!
Positioned in a wonderfully connected pocket of Sherwood, this address places everyday essentials, public transport, education and recreation within easy reach. Leave the car at home for local errands, catch the train for your commute, or enjoy convenient access to major destinations across Brisbane's western and inner suburbs.
Location highlights include:
● 5-min walk to Sherwood Central Shopping Centre, including Woolworths, pharmacy, bakery and everyday conveniences
● 6-min walk to Sherwood State School
● 8-min walk to Sherwood Train Station
● 9-min walk to Saint Joseph's Catholic Primary school, St Aidan's Anglican Girl's School and Kindergarten
● 10-min walk to Corinda Train Station
● Walk to Hives Park, C&K Sherwood Community Kindergarten, cafes, restaurants and bus services
● 10-min drive to Indooroopilly Shopping Centre and surrounding dining and retail precincts
● 15-min drive to The University of Queensland, St Lucia
● Convenient access to DFO Jindalee, Brisbane City, the Brisbane River and more
A Rare Holding. A Remarkable Opportunity.
Six residences. Six established rental streams. One substantial Sherwood landholding with exciting possibilities ahead. Whether you're building an investment portfolio, exploring development opportunities or planning a long-term family property holding, this is the kind of offering that demands serious attention.
Don't let this extraordinary opportunity become someone else's success story! Contact Peter and Alex today to discover more and secure your place at auction.
All information 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 rely on their own enquiries. Images and/or descriptions may have been digitally enhanced or altered for marketing purposes and may not accurately represent the current condition of the property.
AEAF Investments Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 50 133 677 319 / 21 107 068 020
