$1,465,000
3 Bed • 1 Bath • 2 Car • 607m²
New
Sold
Sold
60 Effingham Street, Tarragindi QLD 4121
$1,465,000
- 3Bed
- 1Bath
- 2 Car
- 607m²
House Sold on Tue 12 Mar, 2024
What's around Effingham Street
House description
“INVEST OR DEVELOP!”
Once again, a prime 607m2 property has become available in the St Elizabeth's precinct, but there may not be many more like this.
The land rises gently on the high side of the street, making it ideal for an imposing, new build. The absence of character overlays allows an ultra-modern style of house with the potential for multiple levels to showcase the forest, mountain ranges and City included in its sweeping views.
The block dimensions are 15m width and just over 40m depth.
The 3 bedroom house is a classic post war, painted and polished to an impressive condition. You could elect to move into its comfortable fully air-conditioned layout or receive a rental income around $700 per week while deciding its future.
For young families, the prospect of school drop off within the same street would be a regular delight from a time-saving and peace-of-mind perspective. The accessibility of a number of nearby family-oriented parks has a similar benefit.
THE LOCAL INSIGHT:
This hillside was developed in the 1950s and would have remained mostly unchanged for half a century. The block sizes and ability to remove the post war homes and rebuild without heritage restrictions has supported a rapid phase of new-builds and maximised the potential of a select number of streets, making it the most progressive and modern precinct of Tarragindi with the most rapidly rising capital values in the suburb.
If you want to know more about this property contact us on 07 3848 0202.
Land details
What's around Effingham Street
Contact the real estate agent
Ed Trendall
The Local Agent
Send an enquiry
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