10 Julie Road
Ellen Grove, QLD 4078

Overview

DA Approved Subdivision with Holding Income - 3 Bedroom Home on Site

This property at 10 Julie Road, Ellen Grove, offers a unique and valuable opportunity in a rapidly growing area. Positioned on a substantial 2,223 square meter parcel, the site benefits from Development Approval (DA) for a subdivision from one lot into three, enabling a streamlined development process without typical delays.

The approved subdivision configuration includes three lots with sizes of 400 sqm, 402 sqm, and 1,421 sqm respectively. This flexibility allows for diverse development options tailored to various needs and investment strategies.

Currently, the property features a well-maintained three-bedroom home, providing immediate holding income through rental or the option to occupy while planning future development. This combination of income generation and development potential makes the property an attractive prospect for developers, investors, and land bankers.

Conveniently located within a well-connected corridor, the property offers excellent access to key amenities and major destinations. Approximate travel times include 30 to 35 minutes to Brisbane CBD, 55 to 65 minutes to the Gold Coast, and 35 to 40 minutes to Brisbane Airport. Local shopping centers such as Forest Lake and Mount Ommaney are within a short drive, along with Richlands Train Station and various schools, shops, and parks.

The area is characterized by consistent growth and strong buyer demand, making this an opportunity not to be missed. The property's key features include its large land size, DA approval for subdivision, existing income-producing home, and excellent connectivity to transport and amenities.

Overall, 10 Julie Road represents a rare blend of immediate income and long-term development upside in a high-growth location, ideal for those looking to capitalize on the evolving market in Ellen Grove.

• Substantial 2,223 sqm land parcel with DA approval for subdivision into three lots
• Existing three-bedroom home providing holding income or occupation flexibility
• Approved lot sizes of 400 sqm, 402 sqm, and 1,421 sqm
• Located in a high-growth area with strong demand
• Excellent access to Brisbane CBD, Gold Coast, Brisbane Airport, and local amenities
• Close proximity to shopping centers, train station, schools, and parks
• Ideal for developers, investors, and land bankers seeking a versatile opportunity

Location