51 Goodfellows Rd, Kallangur QLD 4503

Massive Corner Block of 1355 m2 offering exceptional investment/ development potential.

Are you looking for an opportunity in a prime location? Look no further, as this home/property is perfect either to live in or start your investment portfolio with a fantastic size land of 1,355m2 corner block located in a prime new development area recently re-zoned by the council for high density and multistory dwellings.

With the newly opened Kallangur train station located just at five minutes walk and new University (USC Moreton Bay) to open in 2020 located only at 10 minute drive away, this home would make a great investment potential particularly in the wake of high demand for housing and a substantial increase in population density in the area expected to rise in next few years.

As well as this, the property is eligible to apply for council's recently introduced Infill Development Policy to secure a substantial incentive of waiver of infrastructure charges of about $336000 plus waiver of development application fee of about $14000 ($350000). It is an ideal site for a potential 20 flats plus 250m2 of shops, with mixed use and multi story high density housing and other permissible uses. A proposed basic architectural design of 12 three bedrooms plus 8 two bedrooms flats does not require a basement or underground parking that significantly reduces the cost. A draft of the design can be shared upon request to serious buyers in order to maximise the benefits from recently effected re-zoning of the location by the council.

The existing home is high-set and enclosed underneath, currently rented at $450 per week. The kitchen has modern appliances and is in great condition with easy access to the main living areas. Original wooden floorboards and VJ walls throughout, the rooms are all large, spacious and airy, with the added benefit of both ceiling fans and split-system air conditioning. The large wrap-around deck will allow you to sit back and relax with a cocktail in peace after a hard day work.

Downstairs, the yard is massive yet low maintenance, and the in-ground pool is perfect for those hot summer days. Underneath the home is fully enclosed and secure - it is the perfect man-cave. With the added benefit of a separate double bay remote garage, this home has everything you could want.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

General Features
Property Type:House
Bedrooms:3
Bathrooms:1
Land Size:1355 m (approx)
Outdoor Features
Swimming Pool
Open Car Spaces:multiple


- Massive Corner Block
- Highset and enclosed underneath
- Large in-ground pool
- Immaculate condition home
- Spacious and airy rooms
- Wrap-around deck