Prime development site only 40 minutes from the brisbane CBD in one of South East Queensland’s fastest growing regions, the northern corridor between brisbane and The Sunshine Coast. The subject property represents a large parcel of land comprising 6,414 square metres in area, situated on the Bribie Caboolture Road.

The site is situated on the homeward bound stretch to residents of Bribie Island and Sandstone Point. The subject property is situated as part of the Spinnaker Shores residential community development comprising low rise freehold residences, and low rise medium density community title villas.

The subject property parcel is zoned residential B, and is under the Caboolture Shire Planning Scheme zoned as code assessable, potentially approvable as residential high density development. The relevant facts are:-

Residential development to a height of 4 storeys
Total site coverage of 40% of total site area

Given the total site area of 6,414 square metres, the site is code assessable for site area coverage of 2566 square metres multiplied over 4 storeys, equating to a gross floor area of 10,264 square metres