SoldJul 12, 2023

121 Kraft Road, Pallara, QLD, 4110

$1,550,000

4
2
2
11050 m²

House

30+ days on the market

Sold: Jul 12, 2023

What's around 121 Kraft Road

OVER 1 HA OF PRIME DEVELOPMENT POTENTIAL IN PALLARA

Situated in a prominent corner position and offering a sprawling 1.1 hectare of pristine land, this well-located property with residential home sits in the heart of this burgeoning suburb which is rapidly regentrifing and has seen upward popularity in recent years. The development potential is simply fantastic and the generous block size is prime for a sub-division providing much needed house & land solutions for owners seeking a brand new build. Alternatively, subject to Council Approval you could also reconfigure this 1.1 hectare site to plan a large-scale strata-titled, multi-residential development. The two-level brick home that currently occupies the site is a beautiful bushland sanctuary for raising kids and is an ideal semi-rural environment for a home business to be set up. In rentable condition, it can be earning you an income in the interim. It offers: - Two car garage and driveway parking with shade said overhead - Lush garden surrounds with tropical planting - $650/week rental income until 04/11/2023 - Massive rear deck with steps to lower garden - Four good size bedrooms and two bathrooms The large-scale home is surrounded by level lawns and provides an option for new owners to add further at-home entertainment amenity like pool or tennis court making this a true lifestyle option. Here you can enjoy the best of acreage living with the ease of local amenity at your doorstep and vibrant city convenience accessible within 45 minutes' drive. Pallara is an upcoming suburb in the outer regions of Brisbane with solid infrastructure to support the growing community. The area is newly developing and is well-supported by its neighbours Forest Lake and Heathwood with supermarkets, mainstream shopping complex, local state schools and public transport. Motorway access is within minutes from your door making commutes to the city or coast a breeze. For everyday essentials, Forest Lake Shopping Centre is only under 10 minutes' drive from as is Forest Lake State High, for which you're zoned, the same distance. Pallara State School is two minutes by car and it's a three-minute trip up Ritchie Road to hit several well-equipped playgrounds and a dog park. An opportunity to own such a big slice of land in an upcoming region is hard to find! Be sure to make an enquiry today for all the details and seize this chance while it still lasts! **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 solely rely on their own enquiries**

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