116 Eric St, Goodna is a 1 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 6480m2.This Property is currently listed for sale with Elders Real Estate Ipswich
116 Eric Street, Goodna
Opportunities like this don't come along every day!
Set on an impressive 6,480m parcel of land, this property presents an exciting opportunity for savvy investors, developers and buyers looking for a substantial landholding with future possibilities.
Located within the Large Lot Residential zone, this property offers plenty of scope to explore its potential while benefiting from an existing residence and established tenancy.
THE PROPERTY
The existing home features:
1 bedroom
1 bathroom
2-car accommodation
Potential to reconfigure into a 3-bedroom home
The property is currently tenanted until February 2027, with the tenants expressing their interest in remaining. They also operate a kitchen business from home, providing an additional point of interest for investors seeking a property with an established tenancy.
THE LAND A STANDOUT FEATURE!
The impressive 6,480m allotment is where the real opportunity lies.
Large Lot Residential zoning
Previous Development Approval for a proposed three-lot subdivision (now expired)
Driveway access running along the left-hand side of the property
Potential to investigate future subdivision opportunities, subject to council requirements and necessary approvals
An ideal opportunity for investors looking to land bank for the future
The property previously received approval for a proposed three-lot subdivision. Although this approval has since expired, it provides buyers with an opportunity to investigate the site's future development possibilities.
WHY BUY 116 ERIC STREET?
Whether you're looking for an investment with an existing tenant, a substantial parcel of land to hold for the future, or an opportunity to investigate potential development options, this property deserves your attention.
With 6,480m of land, an existing income-producing residence and a history of approved subdivision plans, the possibilities are certainly worth exploring.
Secure your piece of Goodna and unlock the possibilities that 116 Eric Street may offer!
Contact us today for further information or to arrange an inspection.
Disclaimer: All information is provided as a guide only. Buyers are encouraged to undertake their own independent investigations regarding zoning, development potential, subdivision feasibility, building configuration and council requirements. Previous Development Approval has expired and no current subdivision approval is in place.
The size of Goodna is approximately 7.9 square kilometres. There are 27 parks, covering nearly 10.5% of the total area. The population of Goodna in 2016 was 10461 people. By 2021 the population was 10391 showing a population decline of 0.7% in the area during that time. The predominant age group in Goodna is 0-9 years. Households in Goodna are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goodna work in a labourer occupation.In 2021, 47.50% of the homes in Goodna were owner-occupied compared with 44.40% in 2016.
Goodna has 4,283 properties. Over the last 5 years, Houses in Goodna have seen a 110.03% increase in median value, while Units have seen a 165.89% increase. As at 31 October 2026:
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