Opportunities like this are becoming increasingly rare. Set on a substantial 1,200sqm parcel in one of Underwood's most convenient and tightly held pockets, 13 Sylvia Street is all about land, flexibility and future upside. With an easy dual-living conversion (2 added rooms downstairs) and plenty of room to add multiple dwellings or subdivide (STCA), homes like this are rarely offered to the market. Whether you're a developer searching for your next project, an investor looking to land bank in a proven growth corridor, or a buyer wanting space that simply no longer exists in newer estates, this property delivers on all fronts. With new homes, increasingly in demand after the federal budget, this one is an investor's heaven and homeowners best bet in this market! Make an offer link: https://form.jotform.com/230400470671445 Download Building & Pest Report: https://beforeyoubuy.com.au/reports/13-sylvia-street-underwood-qld-4119/building-pest The value here is undeniable. A block of this size opens the door to multiple possibilities, including subdivision potential (STCA), redevelopment, or creating a large-scale family residence with room to grow. With surrounding infrastructure, strong demand and ongoing development across the area, this is the type of opportunity that continues to become harder to secure. The existing home provides immediate usability, allowing you to move in or lease out while you plan your next move. Functional in its layout, it offers comfortable living with light-filled spaces, a practical kitchen and easy access to the expansive backyard. It's the ideal holding position while you unlock the full potential of the site. Step outside and the scale of the block becomes clear. This is where the opportunity truly lies. Wide, usable land with plenty of space to work with, whether you're considering development, extension, or simply enjoying the space for years to come. Property Features Expansive 1,200sqm block with strong immediate potential 1x2-1x3 Subdivision potential (STCA) Useable area on the land is all elevated, easy to build Dual living potential, already two added rooms downstairs Both side accesses for multi-dwelling or parking boat, caravans etc Wide frontage offering flexibility for future plans Large in-ground swimming pool Three well-sized bedrooms Spacious & Functional bathroom with separate toilet Separate living and dining areas Practical kitchen with ample storage Covered outdoor area with multiple entertainment areas Fully fenced and gated Large, usable backyard with significant scope Ample off-street parking Suitable to live in, lease out or redevelop (STCA) Property Highlights Rare large landholding in a high-demand location Subdivision and development potential (STCA) Ideal for land banking with strong long-term upside Existing home provides immediate rental income opportunity Versatile opportunity appealing to developers, investors and families Location Highlights Quiet street in a well-established Underwood pocket Minutes to major shopping centres and everyday amenities Easy access to Pacific and Gateway Motorways Convenient commute to Brisbane CBD and Gold Coast Close to schools, parks and public transport options A Rare Land Opportunity with Real Upside In a market where large blocks are disappearing fast, properties like this stand out for all the right reasons. With size, location and potential all working in your favour, 13 Sylvia Street is a smart acquisition with multiple exit strategies. Secure it now, plan your next move, and capitalise on the long-term growth this location continues to offer. Contact Team Syed Ali today at 0416 498 295 to arrange a private inspection or to register your interest. "RAY WHITE ROCHEDALE has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. We encourage all buyers to do their own feasibility study as we will only provide the one we have from the vendors.''
RealistIQ deal score
Neutral value signal
12
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 13 Sylvia Street, Underwood before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $172,000 above RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $779,000 - $1,277,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,028,000
Market price guide$1,200,000
$779,000$1,277,000
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
