25 Duke St, Annerley is a 9 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 622m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Offering an exceptional and rare opportunity for developers and investors alike, this prime property is set on three lots at 25 Duke Street, Annerley - a thriving inner-city suburb - and boasting approved plans for an 18-unit development, an exciting venture waiting for the right developer.
The development approval in place for this property is a key feature that sets it apart. This signifies a green light from the council for you to proceed with the construction of 18 residential units - potentially saving you time and stress often associated with gaining such permissions. The approved plans provide a roadmap for creating a modern, desirable complex within this rapidly growing inner-city region.
Moreover, while you prepare for the development phase, you can benefit from the site's existing rental income potential. The three rental properties are offering an immediate return on your investment.
The properties include:
25 Duke St: A spacious 4-bedroom, 1-bathroom house, offering a comfortable living space. This charming property boasts sizeable bedrooms and a functional layout.
23A Duke St: This 3-bedroom, 1-bathroom house combines character features with modern conveniences.
23B Duke St: A cosy 2-bedroom, 1-bathroom dwelling, perfect for singles or small families seeking an accessible and convenient location.
These properties provide the ultimate advantage of generating rental yield immediately while awaiting the transformation of the site into a significant residential development, offering a rare blend of current income and future growth potential.
Situated in the highly sought-after locale of Annerley, you are just a short distance from local shops, public transport, and other essential amenities, not to mention the quick access to the CBD.
This is a property investment opportunity that doesn't come around often. Start earning rental income now and build for the future with the approved 18-unit development plans. Don't miss out on your chance to secure this prime piece of real estate at 21, 23 and 25 Duke St, Annerley.
For more information or to arrange an inspection, contact our team today.
The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2016 was 11336 people. By 2021 the population was 11891 showing a population growth of 4.9% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation.In 2021, 44.00% of the homes in Annerley were owner-occupied compared with 42.90% in 2016.
Annerley has 6,435 properties. Over the last 5 years, Houses in Annerley have seen a 77.06% increase in median value, while Units have seen a 112.19% increase. As at 30 November 2025:
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