Set on a sprawling 1.5-hectare (15,000 m?) allotment in the heart of Gumdale, 745 Formosa Road presents a rare opportunity to create something truly remarkable. Whether you?re looking to renovate the existing double brick home or start fresh with a brand-new build, this estate offers limitless potential in a prestigious location. Gorgeous established trees and bushland are perfectly sprawled around the property making choosing the perfect building site a breeze.
Positioned in a quiet cul-de-sac fronting New Cleveland Road, this property combines seclusion with accessibility. The existing home, while in need of a full renovation, provides a solid foundation for transformation, making it an ideal prospect for those seeking a spacious family retreat or a home business opportunity. With no building envelope restrictions, you have the freedom to design and construct your dream residence anywhere on the block, tailored to your lifestyle and vision (S.T.C.A).
The land itself is flat and very easily usable, surrounded by multimillion-dollar properties that enhance its exclusivity and future value. Investors and developers will appreciate the land banking potential, as sizeable parcels like this in Gumdale are increasingly rare. Families too will be drawn to its close proximity to renowned schools, including Gumdale State School and Wynnum State High School, as well as the lifestyle benefits of being near Moreton Bay, parklands, and excellent transport links.
This is your opportunity to secure one of Gumdale?s most desirable acreage holdings, whether for immediate development, future investment, or a once-in-a-lifetime dream home.
Features at a Glance
Two double brick homes ready - joined by common wall
House 1 - 3 Bedrooms
House 2 - 4 Bedrooms
2 Bathrooms
2 Kitchens
No building envelope restrictions ? build anywhere on the block
Positioned in a quiet cul-de-sac fronting New Cleveland Road
Ideal for home business ventures or land banking
Flat, usable land surrounded by multimillion-dollar properties
Gumdale State School Catchment
Wynnum State High School Catchment
1.5 hectares (15,000 m?) of prime land
Acreage properties of this scale and calibre are a rarity in Gumdale. Close to Moreton Bay, parks, transport, and top-tier amenities. Contact Andrew Oostenbrink or Elize Bungay today to explore the endless possibilities that await at 745 Formosa Road, Gumdale.
DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information is provided as a convenience to clients.