40 Cutbush Road, Everton Park.

Opportunities like this are becoming increasingly hard to find! Set in a popular and well-established pocket of Everton Park, this appealing splitter block presents an exciting opportunity for developers, builders and astute investors alike, with the added bonus of an original three-bedroom cottage that remains intact and currently tenanted. With Brisbane City Council Development Approval already in place until December 2030, the property is approved for subdivision into two generous lots of approximately 387m² each, with dimensions of around 11m x 35m per lot. Much of the groundwork has already been done, offering an exciting opportunity for those looking to unlock the site's future potential. Everton Park continues to attract strong interest thanks to its convenient lifestyle and ongoing rejuvenation. Within walking distance of bus stops, local shops and the popular Everton Park Dining Precinct, you'll have cafes, restaurants and everyday essentials close at hand. It's the kind of location where you can enjoy a great meal or coffee without needing to jump in the car. With easy access to the Brisbane CBD, major shopping centres, quality private schools, hospitals, the airport and the Gateway Motorway, the property is ideally positioned for both convenience and connectivity. Established homes, sought-after schools, local cafes and excellent public transport further enhance the area's continuing appeal. For those looking to land bank or secure a property with longer-term development potential, the existing three-bedroom brick cottage offers a practical option in the meantime. In reasonable condition, the home features polished timber floors, a tiled roof and a rear shed. The current tenancy is due to conclude in early 2027, with an updated rental appraisal of approximately $700 - $750 per week, providing further flexibility for the next owner. Property Highlights * Brisbane City Council DA approval secured until December 2030 for subdivision into two lots of approx 387m² each * Generous proposed lot dimensions of approximately 11m x 35m per lot * Naturally sloping land with gentle fall to the street * Original three-bedroom brick cottage, currently tenanted * Ideal for developers, builders, investors or land bankers * Existing home in reasonable condition, offering holding potential while planning future development * Polished timber floors & tiled roof * Rear shed for additional storage * Walking distance to local shops, bus stops & the Everton Park Dining Precinct * Positioned in a suburb undergoing significant rejuvenation, with easy access to the Brisbane CBD & major transport links Whether you're looking to capitalise on the approved subdivision potential, add to your investment portfolio or secure a site for future plans, this is an exciting opportunity to acquire a property with genuine flexibility in one of Brisbane's increasingly popular northern suburbs. For more information on this great opportunity please contact Elliott Brown or the team at Belle Property Everton Park. We look forward to assisting you.