Looking for a real estate gem that offers limitless possibilities? We present to you an exceptional property that combines vast land, a prime location, and unparalleled potential.
Situated on a leveled piece of land spanning 1.17 hectares, this property boasts the advantage of TWO STREET FRONTAGES.
Positioned within the development corridor of Ellen Grove, this property holds the zoning of an Emerging Community. With ongoing residential development in the vicinity, this site presents numerous possibilities for the discerning buyer.
Extensive Renovation Potential: This property requires a fair amount of work. From the rusted roof to the missing gutters and more... it presents an exciting challenge for those with a knack for renovation. Embrace the opportunity to refurbish and revitalize or knock down and start your development ventures.
Although the original home may require updates, it presents an exciting prospect for builders, investors, developers, or owner-occupiers looking to acquire this distinctive property. Situated in one of South-West Brisbane's rapidly expanding regions, just 25 km from the city's CBD, this location offers immediate proximity to Forest Lakes' retail and commercial core, public transportation, and recreational amenities.
Key features of 525 Waterford Road include:
- Leveled land spanning 1.17 hectares (approximately 11,700 square meters)
- Approximate frontage of 180 meters and 64.2 meters
- Dual street frontage (corner of Lovat Street and Waterford Road)
- Spacious home with 3 bedrooms in its original condition & Single garage
- Large workshop/shed
- Single garage with ample parking space
- Surrounded by nature and bushland & enjoy the peace and tranquility of the great outdoors at your doorstep.
- Local Authority, Brisbane City Council
- Zoned as an Emerging Community
- Multiple development options
- Identified as a South-West Brisbane Priority Growth Precinct
- NBN connectivity ready for installation
- Council rates amount to $860 per quarter
Additional features include:
Located on the border of Forest Lake, approximately 150 meters from Forest Lake State School.
Within a short walking distance of approximately 500 meters to the Local Shopping Centre.
Conveniently close to Forest Lake Child Care Centre, approximately 400 meters away
Opposite a public park.
Easy access to Brisbane CBD, only 18 km away, with proximity to Richlands Railway Station, Logan Motorway, and Ipswich Motorway
A mere five-minute drive to Forest Lake Village Shopping Centre.
Close proximity to the lake with walking tracks and a playground.
A three-minute drive to Richlands Station, offering a 25-minute commute to the CBD.
Ellen Grove benefits from its strategic position at the junction of three main highways: Logan, Centenary, and Ipswich Motorways.
This property features an impressive street frontage of 64 meters facing Waterford Road. Its Emerging Community zoning, coupled with its location within the Ellen Grove development corridor and proximity to existing residential developments, further enhance its appeal. Easy access to the train station, Logan Motorway, public transportation, and various amenities adds to the property's convenience.
Enjoys the best of both worlds - a peaceful oasis and convenient accessibility.
Another option: The property next door is also up for sale, giving you the chance to secure two large lots together (525 & 533 Waterford Road). This would provide you with a total land area of 2.29 hectares (22,900 square meters).. For more information, please call Hugh at 0411044095.
Disclaimer:
While we have gathered information from reliable sources, we cannot guarantee its accuracy. We accept no liability for any errors or omissions, including but not limited to property land size, floor plans and size, building age and condition. Interested parties are advised to conduct their own inquiries and seek independent legal advice. Please note that property photos are for marketing purposes only.
