Sold
Last Asking Price - $950,000
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5 Petrina Street, Eight Mile Plains QLD 4113

House334
Block size: 809 m² approx.
Can I afford this property?

MUST BE SOLD!

POTENTIAL! POTENTIAL! POTENTIAL!

Perched in an elevated street on an expansive 809sqm block in the heart of Eight Mile Plains, this solid highset brick home is in the Warrigal Road Primary School catchment and has PLENTY to offer, including subdivision and dual-living potential. Why not kick off the new year with one of the best opportunities available in the market right now?!

Boasting a whopping 27m frontage, this ideally shaped block has the potential for subdivision subject to council approval. Whether you:
Take advantage of the massive 809sqm block to unveil your dream home of epic proportions with all the bells and whistles
OR
Utilise the size and frontage to split the block into 2 (if permitted) to build 2 brand new homes for you and your family or build one and sell the other. The choice is yours!
OR
Subdivide the block into 2 lots and sell the lots individually for profit or build on one and sell the other!
OR
You could simply move straight into the existing residence, renovating to add your own style and flair.

The current home showcases a spacious and well thought out layout, perfect for large families seeking multitude of living options or astute investors who can see the potential. Upstairs, you're welcomed by a light filled living space connecting to the dining and renovated kitchen. The recently updated sleek kitchen features stone benchtops with a breakfast bar, quality stainless steel appliances and ample cabinetry to delight any chef of the family.
Three oversized bedrooms complete this upper level serviced by two well equipped bathrooms with the main bedroom having the luxury of the ensuite and more wardrobe space. Down the stairs, you'll notice the home is conveniently equipped with a chair lift to assist where possible. The ground level is where you'll another huge open rumpus and multi-purpose space perfect as a teenagers retreat, guests space or used as an Air BnB with its separate entry and bathroom.

The backyard consists of a large patio, perfect for entertaining friends and family while additional bonuses include a huge garden shed, water tanks and mango trees!
Driving around the surrounding streets you can't help but notice all the new construction popping up. This home directly faces SIX brand new custom homes where other buyers have taken the opportunity to subdivide and build their dream home. Could this be your chance?

Don't miss out on this golden opportunity and contact George or Stan today.

Features include: Ensuite

Inspections

No open inspections scheduled.

Send an enquiry

Contact George Yang to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:House
Lot:50
Plan Type:RP
Plan:138021
Block Size:809 *
*These are approximate values based on available information.
Ray White Rochedale

Maps and area information

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Block information
Block size: 809 (approx)
Legal description: 50/RP138021
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Home Loans

RepaymentsStamp duty & upfront costs

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
31 Mar 2022
Sold
Ray White Rochedale
Listed: 06/01/2022
Block size: 809m²
Transfer type: Full transfer

Suburb and property insights

Average Age
35 years
Population
15,322
Eight Mile Plains's Property Profile
Eight Mile Plains's Occupancy

Contact agents

Ray White Rochedale

Ray White Rochedale

View agency details
George YangRay White Rochedale
Stan EgawaRay White Rochedale
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Listing ID: 180233875. This listing has been viewed 20 times. It was first displayed on 06/01/2022 and last updated on 31/03/2022.