Huge development opportunity with an 80.7 metre frontage, with potential to be subdivided in to 40 lots STA.
Nestled on over 30,000m2 with over 80m frontage this acreage is zoned 'Low Density Residential' and subject to council approval you can subdivide to a minimum average of 350m2 lots here. They are selling well too. 350m2 lots in the area are selling for $220,000 - $235,000. With homeowners being encouraged to build brand new homes and being offer numerous grants there is no better time to develop and reap the rewards
Local developers have been busy in the area having already sold hundreds maybe thousands of homes now that the areas really opened up and thriving. This is a rare opportunity for land bankers and developers with an eye to the immediate future to secure a development site with established income.
Located approx. 8-12 min drive to Park Ridge Town Centre, Park Ridge Tavern, Waterford Plaza, Browns Plains Grand Plaza Shopping Centre, Event Cinemas, Greenbank RSL and Logan Hospital.
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.
Call Rowena today for all enquiries.
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