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20 Reservoir Road

Manoora, QLD 4870, Australia

$485,000

572m²

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Area Price Guide

$455,900 – $514,100

Indicative price guide range

🏘️

Comparable

📊

$530,000

Area median

⚖️

-8%

vs median

📐

$848

Per m²

📏

572 m²

Land

🗓️

1 week ago

Listed

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About this property

An outstanding redevelopment opportunity awaits at 20 & 22 Reservoir Road, Manoora. Together, these two medium density zoned properties offer a combined land area of 1,144m² - with 572m² per allotment - creating the ideal canvas for units, townhouses, or a boutique residential development (STCA). Positioned in a growing location where demand for quality housing continues to rise, this site offers excellent potential for developers, investors, or land bankers looking to secure a substantial parcel in an increasingly sought-after area. Adding immediate value, 22 Reservoir Road includes an existing house currently generating a healthy rental income, providing holding income while future plans are considered. Opportunities like this are becoming increasingly rare as Manoora continues to evolve and grow. For more information on this rare opportunity, contact Richard Gibbins or Yvonne Carr today. DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own inquiries.