Just minutes from the heart of Stanthorpe, 39 McKillop Lane presents an opportunity for investors or land bankers looking to secure a future development site with holding income. Set on 6.21*hectares and zoned Low Density Residential, this well-positioned property features approximately 354 metres of bitumen road frontage, ideal for future subdivision (STCA). With Stanthorpe experiencing steady growth and increasing demand for housing, the property's proximity to schools, parks, golf and bowls clubs, and the town centre makes it a smart long-term play for anyone eyeing future upside.
Currently leased at $520 per week, the 3-bedroom brick veneer home provides a good return. The home is practical and inviting, featuring a large lounge and dining area with a wood heater, a north-east facing kitchen with gas and electric cooking, an island bench, and generous storage. All bedrooms have built-ins, and the main offers direct access to the bathroom. An office or TV room opens onto a double carport, making it ideal for tenants or as a home base while developing the land in stages.
The block itself is mostly open with clusters of established trees, fully fenced, equipped with town water, a 3-bay steel-framed shed, and other buildings. Whether you're looking to landbank, generate income, or prepare for future subdivision, this property offers a practical, income-generating entry into one of Queensland's most liveable and up-and-coming regional towns.
Expressions of Interest close on Thursday, 10th July 2025, at 3pm. For further information or to arrange your private inspection, please contact the agent from Ray White Rural Queensland.
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