23-27 Lance Rd, Greenbank is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 20200m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 4 bedroom House sold in Greenbank in the last 12 months.
SOLD BY REBECCA CUDERMAN & MARCO THANG
Set amongst established bushland in one of Greenbank's increasingly sought-after acreage pockets, 23–27 Lance Road presents a rare opportunity to secure 2.02 hectares / 5 acres of land with an existing four-bedroom residence already in place.
After years of exploring the property's potential, the current owner is ready to move on, opening the door for the next buyer to bring their own vision to life.
Whether you're looking to renovate, build your dream acreage home, generate rental income, land bank or investigate future development, the possibilities here are significant.
PROPERTY FEATURES:
• Approx. 2.02 hectares / 20,200sqm
• Existing four-bedroom, single-level residence
• Established trees and natural bushland
• Large cleared areas surrounding the home, ready to have your next dream home built on
• Shed and additional storage
• Extensive space for vehicles, equipment and future improvements
Renovate & Add Value - Transform the existing home and create your own private acreage retreat.
Build Your Dream Home - Take advantage of the substantial landholding and create something truly special.
Explore a Second Dwelling & Rental Potential - The owner had previously explored an additional dwelling, with potential rental income of up to $2000, depending on final configuration and market conditions.
Invest, Develop or Land Bank - With Greenbank continuing to grow, buyers can investigate the site's longer-term potential. The current owner had also explored future development concepts, including industrial sheds.
LOCATION:
Despite the property's private acreage setting, everyday conveniences are remarkably close.
• Approx. 2 minutes to Greenbank Shopping Centre / Pub Lane precinct
• Close to local schools and childcare
• Easy access to Park Ridge and surrounding amenities
• Convenient connectivity towards Springfield, Logan and Brisbane
• Peaceful acreage setting close to everyday conveniences
• Positioned within an area experiencing continued growth and changing land uses
The surrounding area continues to evolve, with further expansion reportedly planned and nearby land transitioning toward commercial uses.
YOUR VISION. YOUR LAND. YOUR NEXT PROJECT.
*All development, dwelling, commercial and rental income potential is subject to relevant council approvals, planning requirements, site suitability and market conditions. Buyers should conduct their own due diligence.*
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.
The size of Greenbank is approximately 110.6 square kilometres. There are 33 parks, covering nearly 6.0% of the total area. The population of Greenbank in 2016 was 7694 people. By 2021 the population was 9587 showing a population growth of 24.6% in the area during that time. The predominant age group in Greenbank is 10-19 years. Households in Greenbank are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenbank work in a trades occupation.In 2021, 82.70% of the homes in Greenbank were owner-occupied compared with 85.00% in 2016.
Greenbank has 7,358 properties. Over the last 5 years, Houses in Greenbank have seen a 51.64% increase in median value, while Units have seen a 132.06% increase. As at 30 September 2026:
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