Tender closes 5pm 25/8/2021
Opportunities abound with this uniquely placed prime land site situated in one of southern Brisbane’s fastest growing regions, Park Ridge.
This huge property is zoned Medium High Density allowing a savvy investor group or experienced development team full creative license to explore the multitude of design possibilities to maximise return on investment and ensure feasibility of a future large residential build.
Situated on the main thoroughfare of Mount Lindesay Highway this property has an easy rectangular shape. It has the added benefit of a quiet side residential entrance from Kantenna Street. It boasts a sizeable frontage and long length creating endless scope for a variety of staged developments including multi-level apartments, house & land allotments or townhouse designs. The peaceful bushland surroundings add to the appeal for home owners and tenants of all ages.
Park Ridge has seen steady growth in recent years and has long been popular with families seeking a semi-rural lifestyle but wishing to retain easy proximity to Brisbane’s CBD, which can be reached within 30 minutes by car.
The property has excellent access to local amenities being within walking distance to the Park Ridge town centre which offers a variety of small business services, tavern, restaurant and take-away along with medical and veterinary clinics. Other amenities in the area include:
- Browns Plains Grand Plaza
- State primary and secondary schools
- Childcare services & recreational facilities
- Park Ridge Express Busway
The sprawling lowset brick home with in-ground swimming pool presents in original condition with many character features including raked ceilings, fireplace and exposed brickwork inside. Whilst the property could be salvaged, or a new home rebuilt in its place the true potential of this site is in its multi-unit redevelopment.
An investment into this development site is bound to generate a solid profit with the right planning and research. Land sites in Brisbane’s southern-belt and outer region are fast running out and the just demand keeps growing.
Don’t miss out on this excellent opportunity. Enquire today for your copy of the Information Memorandum.
We are committed to the health and safety of our customers and staff, and their families. There can be a maximum of 100 people in the premises at any time whist adhering to all social distancing (2m2 apart for spaces less that 200m2 and 4m2 apart for spaces more than 200m2) and strict hygiene requirements. Please also ensure that you follow social distancing measures and keep 1.5m away from each other.
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.