1091-1093 Riverway DriveRasmussen QLD 4815
Property Details for 1091-1093 Riverway Dr, Rasmussen
Last Listing description (August 2024)
Introducing 1091-1093 Riverway Drive, Rasmussen. This block of land is a high potential real estate opportunity offering a substantial parcel of land. Situated on a 1,862 square meter block, this property boasts an enviable position in close proximity to various amenities and recreational areas.
The block benefits from a convenient location, just a short distance from the popular Willows Shopping Centre, Cannon Park, Riverway Lagoons, Ross River, walking tracks, and The Ring Road. These nearby attractions provide residents with a range of shopping, dining, entertainment, and outdoor recreational options.
One of the key highlights of this block is its significant development potential. With its impressive size and flat topography, the land offers an ideal blank canvas for your next family home or subdivision into a low-density residential site. This presents a unique opportunity for developers or investors looking to capitalize on the increasing demand for housing in the area.
By subdividing the land, there is potential to create multiple residential lots, maximizing the property's value and providing a lucrative investment opportunity. It's important to note that any subdivision or development plans would be subject to council approval.
1091-1093 Riverway Drive, Rasmussen offers a rare chance to acquire a substantial parcel of land in a prime location. With its close proximity to various amenities and attractions, as well as its significant development potential, this property presents an enticing opportunity for investors or developers. However, it's crucial to undertake appropriate research and seek professional advice to navigate the necessary approvals and ensure the feasibility of any proposed development plans.
*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Property History for 1091-1093 Riverway Dr, Rasmussen, QLD 4815
- 06 Jun 2024Sold for $279,000
- 20 Mar 2024Listed for Sale Offers Over $279,000
- 16 Dec 2008Sold for $520,000
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0About Rasmussen 4815
The size of Rasmussen is approximately 5.5 square kilometres. There are 9 parks, covering nearly 8.9% of the total area. The population of Rasmussen in 2016 was 4456 people. By 2021 the population was 4669 showing a population growth of 4.8% in the area during that time. The predominant age group in Rasmussen is 20-29 years. Households in Rasmussen are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rasmussen work in a community and personal service occupation.In 2021, 54.60% of the homes in Rasmussen were owner-occupied compared with 51.60% in 2016.
Rasmussen has 2,543 properties. Over the last 5 years, Houses in Rasmussen have seen a 143.03% increase in median value, while Units have seen a 82.28% increase. As at 30 June 2026:
- The median value for Houses in Rasmussen is $609,476 while the median value for Units is $457,348.
- Houses have a median rent of $540 while Units have a median rent of $430.
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