151-153 Jacaranda Street, North Booval, Qld 4304

Offer over $2.2M

House
Type
6
Bedrooms
2
Bathrooms
1
Parkings
2,166 m²
Area

Last updated on Tuesday, June 16, 2026 ( See property details for 151-153 Jacaranda Street, North Booval, Qld 4304)

Offer over $2.2M

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A development-ready site in North Booval offering approved plans for 16 apartments, excellent transport links, and strong growth potential in a high-demand suburb.

🏡 Property Highlights

  • Existing Development Approval for 16 apartments with architectural design completed
  • Prime location within walking distance to Booval Train Station and major shopping centres
  • Strategic high-growth corridor in South East Queensland with strong infrastructure investment
  • Medium Density Residential zoning with potential for townhouse redevelopment (STCA)
  • Significant development yield with a gross realisation value up to $11.2 million
  • Immediate access to transport, retail, and employment hubs, ideal for developers

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Air Conditioning
  • Ensuite
  • Home Office / Study
  • Open-Plan Living
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151-153 Jacaranda Street
North Booval, QLD 4304
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Vertical aerial view — 151-153 Jacaranda Street
151-153 Jacaranda Street — Vertical Aerial  •  North Booval, QLD 4304  •  Nearmap © 2026

North Booval is a rapidly growing suburb in Ipswich, renowned for its strategic location, established infrastructure, and proximity to the CBD. It offers excellent transport links, including nearby train stations and major roads, making it highly attractive for both investors and residents. The area benefits from ongoing infrastructure investments, increasing demand for medium-density housing, and a strong community vibe. Its affordability and accessibility continue to draw young professionals, families, and developers seeking high-yield opportunities.

What is the current zoning and development potential of the site?
The property is zoned Medium Density Residential, with existing approval for 16 apartments and potential for townhouse redevelopment (STCA).
Are there existing tenants, and what is the rental income?
Yes, 151 Jacaranda Street is currently tenanted for $410 per week, with a rental appraisal of $450-$465 per week. 153 Jacaranda Street is vacant.
What are the key advantages of this development site?
The site offers reduced planning risk, completed architectural design, immediate access to transport and amenities, and a high-growth location within Ipswich.
What are the estimated costs and potential returns for the development?
Indicative project feasibility includes a gross realisation value of $10.0M–$11.2M, construction costs of $6.0M–$7.2M, and residual land value of $1.45M–$1.95M.
What infrastructure and amenities are nearby?
The property is approximately 50 metres from Booval Train Station, 200 metres from Aldi, 600 metres from Booval Fair Shopping Centre, and close to schools, medical facilities, and childcare centres.
Are there any hidden costs or additional fees associated with the development approval or planning process? Has the property been assessed for flood or bushfire risks in the area? Are there any zoning restrictions or easements that could impact redevelopment plans? What are the current and future infrastructure developments in the vicinity that may affect the property? Is there any ongoing or planned construction nearby that could cause noise or disruption? Are there any strata or body corporate considerations if the site is redeveloped into multiple dwellings? What are the compliance requirements for the proposed development, and have all approvals been obtained? Are there any environmental or heritage considerations affecting the site? What are the potential costs for site preparation or remediation if required? Is the property subject to any planning overlays or restrictions that could limit development options?

151-153 Jacaranda Street, North Booval, Qld 4304 - More Details

Offer over $2.2M

Type
House
Bedrooms
6
Bathrooms
2
Parkings
1
Area
2,166 m²

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