An opportunity to purchase a DA Approved 49 apartment development site on 1620sqm in one of Brisbane’s fastest growing suburbs, Kedron is now available through Expressions of Interest, closing 4pm Friday 21 October 2016.
INVEST IN A GROWTH AREA WITH ACCESS & AMENITY:
– Kedron is experiencing annual capital growth of 6.77% due to its close proximity to the CBD, its location to major State and Private schools, shopping & medical precincts and everyday amenity as well as major arterial road and Airport access.
- Kedron is well above Brisbane’s annual growth average which is 5.3%.
STEADY MEDIAN UNIT PRICES & AFFORDABLE LIVING:
- Median price of unit in Kedron is $455,000, a high competition for those CBD developments.
- Weekly median advertised rent $385.
A steady market for BOTH investors and owner occupiers – 43% of the market are tenants & 57% of the market are owner occupiers.
LIMITED FUTURE DEVELOPMENT OPPORTUNITIES:
Kedron is an area with a limited amount of future BCC Approved Applications proving a greater opportunity with less competition.
ABOUT 46-54 GALLAGHER TERRACE, KEDRON:
* 1620sqm of land with a DA Approved 49 unit dwelings (1 x 1 bed & 48 x 2 bed) across 6 floors with 2 levels (1 underground) of car parking; 68 approved car spaces.
* Elegant design by renowned Brisbane’s Hayes Anderson Lynch Architects.
* Unusual site on the corner bend of the street backing onto neighboring Bowling Club never to be built out next-door.
* North-facing site with a rooftop terrace harbouring expansive city views.
* 1km to Westfield Chermside – A $355M redevelopment of Westfield is underway providing 95 new high end retailers, 12 new restaurants and 13 new street food style vendors due for completion 2017. Australia’s 3rd Largest Westfield.
* Modern lifestyle design by award-winning Hayes Anderson Lynch Architects* Close proximity to Holy Spirit and Prince Charles Hospitals and CBD bound Bus Stop – Express Bus Service to CBD via Royal Brisbane Hospital
* Prince Charles is the premier cardiac hospital for QLD and Northern NSW.
* Quick access to CBD bound tunnel / airport link tunnel.
Present all Expressions of Interest to Stefanie Maras by 4pm Friday 21 October on 0412 857 422.
*Information and statistics acquired through RP Data & Domain.com.au.