DA APPROVED | 3 RESIDENCES | APPROX. 1,274m² | APPROVAL VALID TO 2028 | FURTHER DEVELOPMENT POTENTIAL STCA
An exceptional opportunity for developers, builders and astute investors to secure a substantial development site in an established and well connected pocket of Woodridge.
Positioned on approximately 1,274m² of residential land, 13 Elkhorn Street offers something increasingly difficult to find. A sizeable development parcel with the considerable advantage of an existing Development Approval for three residences, providing a potential total of six separate living components within the approved dualkey configuration.
With the current DA valid until 2028, the property gives the incoming purchaser the opportunity to progress the approved development, subject to satisfying all applicable approval conditions and requirements, while retaining valuable time to plan construction, financing and delivery.
THE DEVELOPMENT OPPORTUNITY:
• The major attraction of this property is the combination of land size, existing approval and future flexibility.
• The current Development Approval provides for:
• 3 residential dwellings with a Potential for six separate living components within the approved DA using the dualkey design / concept.
DA validity through to 2028
Approximately 1,274m² of land for an Established residential location.
Opportunity to proceed with the approved concept, subject to applicable conditions and requirements.
There is a massive scope for a purchaser to investigate alternative development concepts and potentially a greater number of dwellings, subject to Logan City Council and all other necessary approvals.
For developers with a different vision, the site's substantial landholding may warrant investigation of an alternative development proposal. Rather than being locked into the existing concept, a purchaser may choose to explore whether another configuration including additional townhouse style dwellings could be supported under the planning framework applicable at the time.
Any alternative development, subdivision, dwelling numbers or use would be subject to council and other relevant approvals, and prospective purchasers should undertake their own planning and development investigations.
LOCATION & LIFESTYLE:
The property combines its development credentials with an established suburban setting and access to the infrastructure that future residents value.
Woodridge offers access to rail and bus transport, schools, shopping, parks and major road connections. The suburb includes substantial public open space and sporting facilities, while both Woodridge and Trinder Park rail stations service the surrounding area.
Shopping and everyday services are readily accessible through Logan Central Plaza and other surrounding retail precincts, while educational options in the broader area include Woodridge North State School and Woodridge State High School.. Current property information places 13 Elkhorn Street within the catchments for Woodridge North State School and Woodridge State High School.
The property's position within an established low density residential environment also provides an attractive setting for a thoughtfully designed residential project.
WHY 13 ELKHORN STREET?
This isn't simply a large block of land.
It is an opportunity to acquire a substantial residential development holding where much of the preliminary development pathway has already been progressed.
For a builder or developer, the existing approval can potentially save considerable time compared with purchasing an unapproved site and beginning the development application process from scratch.
For an investor, the dual-key concept provides an interesting future income strategy, with the approved design creating multiple living components across three residences.
And for a purchaser with a larger development vision, the generous landholding provides the opportunity to investigate alternative concepts, subject to planning requirements and approvals.
Develop the existing approval. Explore an alternative concept. Land-bank for the future.
13 Elkhorn Street offers all three possibilities.
PROPERTY SNAPSHOT:
• Address: 13 Elkhorn Street, Woodridge QLD 4114
• Land: Approximately 1,274m²
• Current use: Residential
• Development Approval: 3 dual-key residential dwellings
• DA validity: Until 2028
• Alternative development potential: Subject to Council and all relevant approvals
• Council: Logan City Council
A DEVELOPMENT SITE WITH OPTIONS:
Opportunities combining a substantial landholding, an existing Development Approval and the ability to investigate further development alternatives are becoming increasingly difficult to secure in established residential locations.
Whether your strategy is to build the approved three dual-key residences, investigate an alternative development scheme, or secure the site as a strategic landholding, 13 Elkhorn Street deserves serious consideration.
Development information should be independently verified by prospective purchasers. Any alternative development, subdivision, additional dwellings, rental configuration or change to the existing approval is subject to Logan City Council and/or other relevant authority approvals and applicable planning requirements.
Disclaimer:
All information contained herein has been obtained from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties should rely solely on their own enquiries and inspections to verify the accuracy of the information, measurements, inclusions and features before making any purchasing decisions
