Development Potential for Approximately 16 Townhouses (STCA) - With Potential to Explore Up to 19 | Existing Residence + Beautiful Granny Flat | Move-In Ready | Dual-Income Opportunity
Large-scale development sites in established growth corridors are becoming increasingly difficult to secure, and 23-25 Verran Street, Bellbird Park represents an exceptional opportunity to secure a substantial landholding with immediate usability, strong income potential and exciting future development prospects.
Positioned within one of the Ipswich region's most sought-after residential growth precincts, this property will appeal to developers, builders, land bankers and astute investors looking to capitalise on Bellbird Park's continued population growth and demand for new housing.
Significant Development Potential - Approx. 16 Townhouses (STCA)
One of the standout features of this property is its future development potential.
Subject to council approval, relevant planning requirements and purchaser due diligence, preliminary development considerations indicate the site may have the potential to accommodate approximately 16 townhouses (STCA).
For developers looking to maximise the site further, there may also be potential to explore an increased yield of up to approximately 19 townhouses (STCA), subject to design, engineering, infrastructure capacity and all relevant authority approvals.
This creates an exciting opportunity to secure a sizeable development site in an established residential area while investigating a higher-density outcome that could significantly enhance the site's overall potential.
Planning & Development Highlights
Potential for approximately 16 townhouses (STCA)
Potential to explore a higher yield of up to approximately 19 townhouses (STCA)
Low-Medium Density Residential zoning
Substantial landholding in an established residential growth corridor
Potential residential development opportunities, subject to approvals
Low-rise residential development potential
Located within the rapidly expanding Bellbird Park and Greater Springfield growth corridor
Excellent opportunity for developers, builders and strategic land bankers
Move In, Rent Out or Develop - The Choice Is Yours
Unlike many development sites that offer little immediate use while plans and approvals are being considered, 23-25 Verran Street is ready to be enjoyed from day one.
The property offers an existing residence together with a beautiful granny flat, providing excellent flexibility for owner-occupiers, extended families and investors.
For those not looking to develop immediately, the property presents an attractive holding-income opportunity. With both the main residence and granny flat, investors may have the ability to generate two separate rental income streams, subject to applicable tenancy and regulatory requirements.
This provides a compelling strategy: secure the land today, benefit from potential dual rental income while holding, and explore the site's future development potential.
Alternatively, move in and enjoy the property yourself while planning for the future.
A Location Positioned for Continued Growth
Bellbird Park has established itself as one of South East Queensland's increasingly sought-after residential growth locations, strategically positioned between the thriving Greater Springfield precinct and Ipswich.
The area continues to attract families, investors and developers due to its connectivity, established amenity and ongoing residential expansion.
Nearby conveniences include:
Orion Springfield Central shopping and dining precinct
Springfield Central train station
Convenient access to major arterial roads and the Centenary Highway
Schools and childcare facilities
Sporting fields, parks and recreational areas
Expanding health, retail and community infrastructure
Easy connectivity to Springfield, Ipswich and Brisbane
With continued population growth across the surrounding corridor, demand for well-located residential housing remains strong, further enhancing the long-term appeal of substantial development sites such as this.
A Rare Opportunity with Multiple Strategies
23-25 Verran Street, Bellbird Park is more than simply a development site.
It is an opportunity to live, invest, land bank or develop.
Move straight in and enjoy the existing home and beautiful granny flat. Lease the dwellings and potentially benefit from dual rental income. Hold the property for the longer term as the surrounding area continues to grow. Or investigate the site's exciting development potential for approximately 16 townhouses, with potential to explore a yield of up to approximately 19 townhouses (STCA).
Opportunities combining substantial land, existing improvements, immediate income potential and significant future development prospects are becoming increasingly difficult to secure in established growth corridors.
Secure your position in Bellbird Park today and explore the possibilities this outstanding property has to offer.
Disclaimer: All references to development potential, dwelling yield, townhouse numbers, zoning outcomes, rental use and future development are indicative only and are subject to Ipswich City Council and other relevant authority approvals. Any proposed development, including approximately 16 townhouses or a potential higher yield of up to approximately 19 townhouses, is subject to council approval (STCA), site constraints, design, engineering and purchaser due diligence. Buyers should obtain their own independent town planning, legal and professional advice before relying on any development potential stated.
DISCLAIMER: While we've taken every precaution to ensure the accuracy of this information, we disclaim any liability for potential typographical errors or inaccuracies regarding the information provided. All details are deemed reliable at the time of printing, but prospective buyers are encouraged to verify independently.
