An exceptionally rare opportunity awaits at 27 Almavale Street, Carindale, where a substantial 1,041m² parcel of land with an impressive 23m frontage backs directly onto parkland and is being offered to the market for the first time in more than 37 years.
Positioned in one of Carindale's most tightly held streets, this outstanding landholding offers something increasingly difficult to find - size, position, parkland at the rear and genuine future potential.
Importantly, the existing home is being offered in original condition and requires significant renovation and improvement. This is not a move-in-ready property. Buyers should be prepared for a substantial renovation, major refurbishment or a complete fresh start and consideration of removing the existing dwelling altogether.
For those with vision, however, the opportunities are considerable. A Property With Multiple Possibilities
Whether you are looking to:
• Demolish and build a new luxury family home designed specifically for this exceptional block
• Explore the potential to subdivide the land into two blocks (STCA)
• Landbank a substantial parcel in a highly desirable Carindale location this property provides an exciting foundation for the future.
• Take on a complete Renovation Inside & Out. The existing two-level residence has a generous footprint and offers plenty of space, but it is tired, dated and requires significant work throughout.
Buyers should view the property with the understanding that it is being sold completely "as is".
Existing property Features
• 4 bedrooms / 3 bathrooms
• Separate lounge and dining rooms
• Family room
• Rumpus room
• Double lock-up garage
• Two expansive levels
• Large existing footprint
• Direct parkland outlook and access
The real attraction is undoubtedly the landholding and position, providing the opportunity for a buyer to take this property in an entirely new direction.
Backing directly onto Donnington Street Park, the property enjoys a wonderful outlook and immediate access to recreational facilities, including a children's playground and basketball court.
It is a setting that offers an enviable lifestyle for families, with the parkland effectively becoming an extension of your backyard.
The location provides outstanding convenience, with easy access to Creek Road bus services, a short walk to the award winning Pacific Golf Club, Metropol Shopping Centre and Westfield Carindale.
A selection of highly regarded schools and colleges are also within close proximity.
School Catchments & Nearby Colleges
Carina State School
Whites Hill State College
Citipointe Christian College
Loreto College
Villanova College
Opportunities to secure more than 1,000m² in such a tightly held Carindale location, with direct parkland at the rear, are becoming increasingly difficult to find.
While the existing residence requires considerable attention, the property's exceptional land size, 23m frontage, parkland position and range of potential future uses make this an opportunity worthy of serious consideration.
The home is not being presented as a finished or renovated residence - the opportunity lies in the land, location and what you can ultimately create here.
Bring your builder, architect, renovator or development vision and explore the possibilities.
Auction Details
Auction: On Site - Saturday 26th September @ 2pm
Deposit: 5%
Settlement: 30 days from auction day
Council Rates: Approx $1100 per quarter
Expected Rental Return: Approximately $850 to $900 per week
Disclaimer: Any information provided has not been verified. We recommend that you confirm the accuracy of details before entering into a Contract. Tobin Real Estate and its employees cannot be held responsible for any inaccurate details supplied here.
Disclaimer: This property is being sold by auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website funtionality purposes.
