16 Lyons Street, Giru QLD 4809

16 Lyons Street, Giru QLD 4809
Large fenced block with shed | 3-phase power and town water connected | Boat, caravan, and six-vehicle storage | Scope to build a new home at front This propertyโ€™s competitive strength lies in its rare combination of a substantial 908-square-metre fully fenced block and an existing 291-square-metre shed with attached double carport, all with town water and 3-phase power already connected. It is positioned as a utility-focused holding in a small country town with strong recreational access, suiting buyers who prioritise secure storage for a boat, caravan, or multiple vehicles alongside future building potential. The configuration best serves owner-occupiers or investors looking for a low-maintenance site that can accommodate a new home at the front while retaining the shed for workshop or lifestyle use. Several factors may materially affect the propertyโ€™s value. The shed has some age, so its condition and remaining useful life should be verified. There is no existing dwelling, meaning any residential use requires a new build, which adds cost and timeline. The blockโ€™s development potential may be influenced by local council overlays or infrastructure requirements not visible from the listing. The propertyโ€™s price should be weighed against the cost of constructing a home and the time needed to complete that project.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 16 Lyons Street, Giru QLD 4809
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Market Insight:

Giru presents as a tightly held, low-supply market where affordability is the primary draw. Demand is driven by owner-occupiers seeking entry-level pricing, evidenced by a modest population and a low rental proportion. The median house price, based on a limited sales count, reflects a stable, non-speculative market. A significant contraction in available stock signals deepening vendor caution and constrained choice for buyers. Future growth hinges on sustained demand from price-sensitive purchasers, yet the acute supply decline introduces a key risk of transaction gridlock, where thin volumes could stall price discovery and market momentum.
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PropCred Estimated Value

Bedrooms

-

Bathroom

Parking

-

Land

908mยฒ

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