44 Warren Street, St Lucia, QLD 4067
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Sold
Sold for $1,300,000 on Jul 28, 2023
University Precinct Development Opportunity!!!
Calling all savvy investors and developers! Don't miss out on this rare chance to secure a prime development site nestled in the highly sought-after suburb of St Lucia. Act now, as opportunities at this price point are exceptionally scarce!
* Unbeatable Location: Situated just a stone's throw away from the prestigious University of Queensland, this property capitalizes on its proximity to more than 50,000 enrolled students!
* Passing Income Potential from a three-bedroom house with two bathrooms whilst you wait for council approval's
* Multiple Development Possibilities: Subdivide and sell as vacant land or construct two stand-alone residences, create a Multistory Unit Development or perhaps 3 or 4 townhouses. (nb. Subject to council approvals.)
* 400m from the UQ St Lucia campus.
* Walking distance to local shops and cafes.
* 700m from Guyatt Park, playground and ferry stop.
* Within the Ironside State School and Indooroopilly High School Catchments.
* Close to Brisbane Boys College, Stuartholme and St Peter's Lutheran College.
* 2.5km from Toowong Village and train station.
* 10 minutes to Indooroopilly Shopping Centre.
The chance to secure a development site at this price level with such incredible potential in St Lucia is genuinely a rare occurrence. Act swiftly to seize this golden opportunity before it slips through your fingers!
NB. Rear 1200m2 Residential Land spread across 3 lots fronting Munro Street also available for separate or amalgamated sale.
Frank Ham
Principal
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L23556187
- Property Type:House
- Garages:1
- Land Area:607 sqm
We Know Your Area
R&H Suburb Profile: St Lucia
R&H Suburb Summary | Houses |
---|---|
Number of sales | 54 |
Average Price | $2,189,614 |
Median Price | $2,057,000 |
Median Rental Price | $750 p.w. |
Change in Rental Rate (5yr) | 36 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 170 |
Average Price | $811,864 |
Median Price | $647,500 |
Median Rental Price | $620 p.w. |
Change in Rental Rate (5yr) | 46 % |
Median Trend - $2,057,000
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