7 Kambala Street, Everton ParkQLD 4053

Everton Park is experiencing significant growth and is known for its strong sense of community. The suburb is predominantly residential, popular with couples and families, with a median age of 35. This is a suburb on the rise, with house values increasing by an impressive 86.5% over the last five years! Everton Park's property market is experiencing explosive growth that shows no signs of slowing: - Houses have seen an 81.62% increase in median value over the past five years - Median house value now sits at $1,222,336, with 8% growth in just the last 12 months - 14.1% population growth between 2016-2021, driven by professionals and families flocking to the area Development-Ready with Unlimited Potential 7 Kambala Street is positioned on a substantial 565m² block, presenting a rare opportunity to capitalize on Everton Park's growth trajectory. The property is: - Zoned Low Density Residential, offering flexibility for development - Suitable for multiple development options: renovation, extension, subdivision, or new build A Solid Foundation for Your Investment The existing property features: - Upper Level - 3 bedrooms, Kitchen, Living Area, meals area, bathroom separate toilet and covered verandah - Lower Level - Entry, multipurpose areas, bathroom, laundry and double garage plus storage area with internal access. - Two-story layout with rumpus room - offering flexible living options - Double lock-up garage with ample storage - Fully fenced yard on a generous block - Strong Rental Market: Median house rent of $800+/week, up 5% in the last 12 months - Professional Demographic: High percentage of professional residents, ensuring demand for quality housing - 16 Parks covering 8.1% of the suburb - a lifestyle destination for families - The current tenancy will be due on 25th Nov 2026, and the current rental income is $550/week. A Rare Opportunity in a Premium Location! Properties of this caliber, on generous blocks in one of Brisbane's fastest-growing northern suburbs, are becoming increasingly scarce. As Everton Park continues to gentrify and property values surge, 7 Kambala Street offers you the chance to secure your position in a market that shows no signs of slowing. Don't let this investment opportunity pass you by and welcome to the open house!