Welcome to 29 Pegg Rd, Rocklea – a golden opportunity awaiting your vision! This expansive 718 m² site is perfectly positioned, just 9 km from the city and within convenient 180 m walking distance to the train station.

Beautiful open plan home with spacious living spaces that adjoin the kitchen and flow out to large entertainers deck that overlooks the great sized flat backyard.
The home offers 3 great sized bedrooms and a great sized bathroom. The property does require some TLC and there's great opportunity to renovate and cash in on the potential upside. There's plenty of car space underneath and or for storage etc along with the laundry area.

This all sits upon the large 718m2 block, which is perfect for future development. LMR2 Zoning 2-3 Stories. Potential to also add a granny flat or similar at the rear of the property to generate extra income and or increase capital growth. All Subject to council approval.

Key Features:

Strategic Accessibility: Enjoy the convenience of strategic accessibility with retail and commercial precincts nearby. Rocklea markets and Rocklea State School are also just around the corner.
Versatile Investment Options: The property offers versatility – whether you choose to land bank and hold with a solid income-producing home or proceed with a development immediately.
High Growth Corridor: Positioned in a high-growth corridor, this property is in high demand for rentals, owing to its proximity to essential services and infrastructure.
Rare Opportunity: Opportunities like this are rare, and this property stands out as a winner, no matter which path you decide to take.
Surrounded by Established Residential Areas: Nestled amidst well-established residential areas, this site presents a rare opportunity to craft a new and exciting development that is destined to be in high demand.

The location:

Rocklea is located 9 kilometres south of the Brisbane city. The west of the suburb is bordered by the Oxley Creek.

The suburb's name is derived from the Rocky Waterholes in the area. It is also at one end of the Ipswich Motorway; Ipswich Road continues north from the Ipswich Motorway, through Moorooka and into the Brisbane central business district. The Beenleigh railway line passes through the suburb which is serviced by Rocklea railway station.

Want to know more about this opportunity? Call Shane on 0438 723 801

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