2200m2 land only 500m from the soon to be opened Kallangur Train station and situated within walking distance of the University Precinct set to open in 2019, this is the perfect opportunity for developers to get in early.
Recently rezoned in the MBRC Planning Scheme to a precinct of Urban Neighborhood, this property and its prime location will offer a number of profitable avenues for developers subject to gaining DA Approval.
The Urban Neighborhood precinct anticipates development of medium and high density housing including apartments, plexes, row or terrace housing, townhouses and managed communities. With an anticipated site density of 45 to 75 dwellings per hectare and a building height up to 27 meters, this property and its location is perfect for the developer looking to gain from the university set for operation in 2019.
Close to North Lakes, IKEA, shops and schools, and with a university precinct across the road set to cater to over 10,000 students, get in early to have first mover advantage for those seeking accommodation close to the precinct and close to rail.
One of the only properties within the Urban Neighborhood Precinct on the market, with enough size and frontage to make a significant development worthwhile let alone within walking distance of the train station and the University.
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