Sold for $525,000
Sold for $525,00011 Banksia Drive, Raceview QLD 4305
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Property was sold on 28 January 2021.
Sold on 28 January 2021.
Land
609m²
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Land
609m²
The current development approval for this prime 3,630m2 block in ever popular Raceview allows for this large block to be cut into 7 highly sought after blocks that would range from 450m2 to 610m2 in size and all offer over 10m wide street frontages. The existing sewer lines run along the front of the block so you can position your home or shed or pool wherever you like and because this block is located in an already established area you can start construction once the sub-division is completed. This is a great starter development for new developers looking for an affordable small development with minimal risk. Alternatively this can be a quick and easy flip for more experienced developers who are in between major developments who want to keep contractors and equipment working. This development gives you a lot of different options as you can; 1. complete the block split and sell off the vacant land (vacant blocks within the area but fronting a main road currently on the market for $175,000) 2. Build house and land packages (H & L packages within the area on similar sized blocks advertised at 'FROM' $346870) 3. Live in one and sell the rest...or live in one and rent the rest. This development site is located in ever popular Raceview so of course you have access to all the amenities associated with this suburb. These include the Raceview Shopping Centre, Booval Shopping Centre, Raceview Tavern and Brothers Leagues Club. It is easy walking distance to the Raceview State School and a short drive to the Bremer State High School, Bethany Lutheran private School and there is bus transport to all of Ipswich's other private primary and secondary schools. You also have easy highway access to Brisbane via the Cunningham Highway or train transport via the Booval or Dinmore Train Stations. Most importantly, this simple yet opportunity packed development site has one final and compelling to act quickly with the owner asking for all offers to be presented. Listing Agent: Steve Athanates Don't be disappointed, call me now - I'm waiting for your call. NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba – Our Five (5) Great Locations Means We've got Ipswich and its Surrounds Covered! Results Speak Louder Than Words Disclaimer: NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.