Offers Over $2,100,000
6 Wallara Street, Balmoral QLD 4171
House
322
Block size: 951 m² approx.
Rare Development Opportunity in the Heart of Balmoral: 952sqm Plot with Subdivision Approval and Prime Location for Upscale Residences!
Situated on a spacious 952sqm elevated block with a nearly 24m frontage, this property presents an enticing opportunity for developers. Nestled on a tranquil cul-de-sac street in the heart of Balmoral, the existing brick home is ripe for demolition, offering a prime location close to schools, transportation, parklands, and the Oxford St precinct. Such properties are becoming increasingly scarce in today's market.
The site, boasting a livable three-bedroom, two-bathroom postwar brick house, awaits transformation into two new upscale residences. You have the option to either clear the site immediately or generate rental income while planning your development strategy.
Key property features include:
- Spacious 952sqm block with nearly 24m frontage
- Development approval for subdivision valid until Feb 2027
- Low residential density zoning
- Rare opportunity for customizable redevelopment
- Convenient location on a quiet cul-de-sac in Balmoral
- Proximity to schools, transport, parks, and Oxford St in Bulimba
The property offers easy access to city bus stops, Oxford St (a 3-minute drive away), the CBD, Brisbane Domestic and International Airport (15-minute drive), as well as being within the catchment areas for Sts Peter and Paul's Primary School and Balmoral State High School. Additionally, it is close to parklands, childcare facilities, kindergartens, and prestigious private schools, making it an ideal location for a standout development in the esteemed Balmoral neighborhood.
*Subject to Brisbane City Council Approval*
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Features include: Ensuite
The site, boasting a livable three-bedroom, two-bathroom postwar brick house, awaits transformation into two new upscale residences. You have the option to either clear the site immediately or generate rental income while planning your development strategy.
Key property features include:
- Spacious 952sqm block with nearly 24m frontage
- Development approval for subdivision valid until Feb 2027
- Low residential density zoning
- Rare opportunity for customizable redevelopment
- Convenient location on a quiet cul-de-sac in Balmoral
- Proximity to schools, transport, parks, and Oxford St in Bulimba
The property offers easy access to city bus stops, Oxford St (a 3-minute drive away), the CBD, Brisbane Domestic and International Airport (15-minute drive), as well as being within the catchment areas for Sts Peter and Paul's Primary School and Balmoral State High School. Additionally, it is close to parklands, childcare facilities, kindergartens, and prestigious private schools, making it an ideal location for a standout development in the esteemed Balmoral neighborhood.
*Subject to Brisbane City Council Approval*
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Features include: Ensuite
Inspections
No open inspections scheduled.
Send an enquiry
Contact Carla Haddan to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
3
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
951 m²*
Other Details
Lot:
37
Plan Type:
RP
Plan:
171921
Legal description:
37/RP171921
Maps and area information
Block information
Block size: 951m² (approx)
Legal description: 37/RP171921
Measurements are estimates only and based on data provided under licence from
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A block's planning zone defines how that land can be used and what can be built on it.
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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.
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Nearby sales
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We found 50 houses with 3 bedrooms that just sold near 6 Wallara Street Balmoral
Property history
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SummaryMedian sales
Average Age
39 years
Population
4,173
Listing ID: 182401045. This listing has been viewed 2 times. It was first displayed on 26/03/2024 and last updated on 26/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.