For Sale

Stromlo Street Everton Park QLD 4053

For Sale

5
2
2
1214 m²

House

1 day on the market

1214m2 Goldmine on 2 titles with 3 lot potential (STCA)

An exceptional development opportunity has hit the Everton Park market, offering a sprawling 1,214m² site spanning across two existing titles with an expansive 30-metre frontage. Positioned in a highly sought-after, family-friendly pocket, this prime parcel presents a rare, low-risk project for developers, builders, or savvy land-bankers. With an existing post-war dwelling sitting across the lots, there are no character overlay restrictions blocking demolition, giving you a clean slate to unlock the site's true potential. For the astute investor or developer, the site offers an ideal canvas for a high-yielding 2-into-3 lot subdivision (STCA). The generous 30m frontage allows for three side-by-side, ~404m² blocks with standard 10m frontages-eliminating the need for battle-axe designs or shared driveways. Located just minutes from the vibrant Everton Plaza dining precinct, quality schools, parklands, and public transport, new build homes on these lots will command premium end values in one of Brisbane's fastest-growing middle-ring suburbs. - 1,214m² Total Land Size: Substantial land holding with immense flexibility for immediate development or long-term growth. - Already on 2 Titles: Comprises Lot 186 & Lot 187 on RP95741, streamlining initial survey and development setup. - Impressive 30m Frontage: Allows for three clean, 10-metre wide side-by-side allotments without long driveway handles. - Prime 2-into-3 Subdivision Potential (STCA): Ideal dimensions ($10text{m} times 40.4text{m}$) for creating three ~404m² residential building blocks. - Post-War Construction: No traditional character/heritage protections restricting demolition or removal of the existing home. - Low Density Residential (LDR) Zoning: Surrounded by established homes in a high-demand, quiet residential neighbourhood. - Multiple Strategy Options: Subdivide and sell raw land, build three high-end luxury residences, or land-bank while holding the existing home. - Unbeatable Location: Short drive to Everton Plaza (Park Road precinct), Brookside Shopping Centre, and major retail hubs. - School Catchment Zone: Convenient access to Everton Park State School, Everton Park State High, and nearby private schooling options. - Seamless Connectivity: Easy access to public transport, major bus corridors, and direct arterial routes into the Brisbane CBD (~9km) Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. Any rental appraisal advertised or provided was current at the time of the appraisal and may fluctuate depending on market movement. McGrath Estate Agents shall not be responsible should the appraisal or any part thereof be incorrect or incomplete in any way.

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