23 Thomas St

Narangba QLD 4504

1406 m²

House

Currently for sale - view listing

Overview

PRIME DEVELOPMENT POTENTIAL | URBAN NEIGHBOURHOOD SITE | HEIGHT OVERLAY UP TO 27M

BEST OFFERS CLOSE 29 MAY | MUST BE SOLD 23 Thomas Street, Narangba Strategic Growth Site with Clear Medium-Density Planning Signals All Offers Must Be Submitted by 29 May Property Will Be Sold. This is not a "wait and see" campaign this property is being released with clear instructions to sell and a firm deadline that creates genuine urgency in the market. Positioned within one of Narangba's designated growth areas, this site sits within the Urban Neighbourhood Place Type under the Moreton Bay Planning Scheme, an area specifically identified for increased housing diversity and long-term urban intensification. For buyers who understand planning frameworks, this immediately signals future flexibility beyond traditional residential use (STCA). Key Planning Signals Buyers Will Recognise Immediately This site includes several attributes that place it firmly on the radar for forward-thinking buyers: - Urban Neighbourhood Place Type designation (planning intent supporting medium-density residential outcomes over time) - General Residential Zone (allowing a broad range of residential development forms subject to approval) - Building Height Overlay up to 27m (indicative of long-term urban consolidation potential within the broader corridor) Density framework guidance in surrounding precincts supporting higher residential yield outcomes (STCA) Individually, these are important combined, they create a clear planning narrative of future intensification potential that warrants serious investigation by developers and land bankers. What This Site Naturally Lends Itself To (STCA) Without over-stating approvals, the planning framework suggests the site may be suitable for: - Duplex or dual-occupancy configuration - Townhouse or terrace-style redevelopment - Low-rise multiple dwelling concepts - Longer-term redevelopment or land amalgamation strategies These are not claims of approval they are logical outcomes consistent with Urban Neighbourhood zoning intent and surrounding precinct evolution, subject to council approval and design outcomes. Holding Income + Immediate Use The existing dwelling provides an immediate holding option while future plans are assessed. The home includes: - Three-bedroom layout with functional separation - Balcony access from master bedroom - Separate living and dining zones - Downstairs multipurpose area with separate entry potential - Solid structure suitable for renovation, rental or interim holding strategy This allows the asset to perform today while positioning for tomorrow. Why This Location Is Already on the Radar Narangba continues to be one of Moreton Bay's most active growth corridors, supported by: - Strong population expansion - Ongoing residential subdivision and infill pressure - Transport connectivity to Brisbane employment hubs - Increasing demand for higher-density housing forms This combination is exactly what drives future zoning uplift interest and redevelopment feasibility over time. THE REALITY: THIS IS A TIME-DRIVEN SALE This campaign is structured around urgency and competition: - Best Offers Close 29 May There is no extended campaign period. No waiting for "the right buyer." The instructions are clear the property will be sold. FINAL WORD This is a site that experienced buyers will immediately recognise as a planning-influenced landholding in a transitioning residential corridor, with multiple future pathways available depending on strategy. Opportunities in this category are not sitting on the market for long in the current climate especially when they are priced and structured for a fast result. Enquire immediately to secure your position before Best Offers close on 29 May.