Description

374 Richmond Road, Cannon Hill — Premium Corner Site for Investors, Developers & Strategic Landbankers

Positioned on a prominent 599m² corner block with dual frontage to Richmond Road and Favril Street, this corner block Cannon Hill property presents a rare opportunity for those looking to rent, develop, or landbank in a high-growth inner-east location. Offering excellent holding income and strong future development prospects (STCA), this site is perfectly suited to investors and developers seeking value and long-term upside.

Option 1 – Rent Out or Landbank for Future Growth

A low-maintenance, the home is ideal for generating immediate rental income while you plan your next move.
4 bedrooms plus a multipurpose third room (study or storage)
Air-conditioned living area
Updated eat-in kitchen with brand-new stove
Large Living area, blinds, ceiling fans and two air conditioners
Second toilet, separate laundry, ample parking
Fully fenced backyard
Single carport with additional off-street parking

This is the perfect “set-and-forget” asset in one of Brisbane’s most consistently performing suburbs.

Option 2 – Development Potential (STCA)

The wide corner frontage, level block, and dual-street access make this property an outstanding development prospect. Opportunities include:

New single premium dwelling
Dual-occupancy or multi-dwelling possibilities (STCA)
Strategic landbank with strong future subdivision or redevelopment potential
Blocks of this size and position are tightly held and rarely become available.

Option 3 – Knock Down & Build Two New Homes (STCA)

Developers can take advantage of the block’s shape, topography, and corner position to create two modern homes — ideal for resale or high-yield rental properties.

High-Demand Lifestyle Location
Directly opposite Seven Hills Bushland Reserve, this location attracts consistent interest from future buyers and tenants. Everything is moments away:

Cannon Hill Plaza
Morningside & Cannon Hill Train Stations
Local cafés and dining
Westfield Carindale
Camp Hill Marketplace
Minnippi Golf Course
Martha Street dining precinct
Oxford Street, Bulimba

Just 9.9 km to Brisbane CBD, this position ensures long-term growth and strong ongoing demand.

Strong Future Buyer & Tenant Appeal

Located within the Cannon Hill State School and Balmoral State High School catchments, and close to CHAC, Lourdes Hill College and Saint Oliver Plunkett — further enhancing future desirability.

A Rare, High-Value Opportunity with versatile development options, excellent rental prospects, and major lifestyle drawcards, this property is a smart acquisition for any serious investor or developer.

Contact us today to secure this exceptional inner-east opportunity.

Disclaimer:
Equity Maxx Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement. Disclaimer: Equity Maxx Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.