81 Lancaster Street, Garbutt, QLD 4814 | House for sale | OnTheHouse
 
FOR SALE
Mid $500,000s

81 Lancaster Street
Garbutt QLD 4814

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 809m2
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ENDLESS POTENTIAL ON A GENEROUS BLOCK

Positioned on a generous 809sqm allotment in the ever convenient suburb of Garbutt, this charming cottage presents an outstanding opportunity for investors, developers, land bankers and owner occupiers alike. Comfortable and liveable as is, the home offers immediate enjoyment while presenting incredible future potential with a subdivision concept already mapped out and ready for execution. (STCA)
Behind the established fencing and side access sits a neat two-bedroom cottage full of character, featuring traditional features and a functional layout. The kitchen offers ample storage and practicality, while the open-plan living and dining area creates a welcoming space to relax and unwind.
What truly sets this property apart is the future upside. With subdivision plans already considered and much of the groundwork effectively in place, buyers can fast-track their vision and unlock the full potential of this sizeable allotment.
Rarely do opportunities like this present themselves with both immediate usability and significant future upside. Whether you're seeking your next development project, a strategic landholding investment or a property with room to grow, 81 Lancaster Street delivers endless possibilities.
Adding even further appeal, the adjoining block is also available for purchase and offers a similar development opportunity. Savvy buyers may wish to secure both properties and explore the potential to create a larger-scale development by connecting the rear allotments through future subdivision, maximising the potential of this unique offering.
- Rental appraisal $520 per week
- Council rates and water approx $2427 per half year

Property Details for 81 Lancaster St, Garbutt

81 Lancaster St, Garbutt is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 809m2. The place is currently for sale with Harcourts Kingsberry Townsville.

Building Type
House
Land Size
809m2
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About Garbutt 4814

The size of Garbutt is approximately 12.0 square kilometres. There are 6 parks, covering nearly 1.3% of the total area. The population of Garbutt in 2016 was 2396 people. By 2021 the population was 2309 showing a population decline of 3.6% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Garbutt work in a community and personal service occupation.In 2021, 41.20% of the homes in Garbutt were owner-occupied compared with 37.50% in 2016.

Garbutt has 2,449 properties. Over the last 5 years, Houses in Garbutt have seen a 118.44% increase in median value, while Units have seen a 126.57% increase. As at 31 May 2026:

  • The median value for Houses in Garbutt is $667,657 while the median value for Units is $414,719.
  • Houses have a median rent of $530 while Units have a median rent of $410.
There are currently 24 properties listed for sale, and 31 properties listed for rent in Garbutt on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Garbutt.

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Lily Staib
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Harcourts Kingsberry Townsville
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