Positioned on a highly desirable corner block in Marsden, 96 Third Avenue presents an outstanding opportunity for developers, investors, and buyers seeking future upside through subdivision or secondary dwelling potential (STCA).
Set on a generous parcel of land with dual street frontage, this property offers exceptional flexibility and strong development appeal. The corner position provides excellent access, design efficiency, and multiple options to maximise the site's full potential, making it an increasingly rare find in today's market.
The existing home is a comfortable 3-bedroom, 1-bathroom residence with a huge shed and currently tenanted till November 2026 offering immediate livability or strong rental return while you plan your future development strategy. Whether you choose to hold, rent, renovate, or redevelop, this property provides multiple pathways to value creation. Currently tenanted at $580 per week to a lovely long-term tenant who is keen to continue renting and would be happy to work with the new owners. The current lease is in place until November 2026, providing immediate rental income and a smooth transition for the new owner.
Key Development Highlights:
• Prime corner block with dual street frontage
• Strong potential for subdivision (STCA)
• Excellent opportunity for granny flat/secondary dwelling (STCA)
• Flat usable land with flexible building envelope
• Ideal site for investors, developers, or land bankers
• Potential to retain existing home and add additional dwelling
• Strong rental demand in the surrounding suburb
• Existing Property Features:
• Comfortable existing home suitable for rental or occupation
• Functional layout with usable living spaces
• Opportunity to generate income while planning future improvements.
• Current rental $580 per week. Lease expires Nov 2026
Location Benefits:
• Close to schools, parks, and childcare centres
• Minutes to local shopping centres and amenities
• Easy access to public transport and major arterials
• Short drive to Logan Central and major employment hubs
• High-growth corridor with ongoing infrastructure development
Opportunities like this corner block with clear development upside are increasingly rare. Whether you are looking to land bank, develop, or add value through dual occupancy, this property offers exceptional potential in a high-demand location.
Disclaimer: We have taken our utmost care in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Photos for illustration purposes only...
