1.07ha Development Opportunity – Emerging Community Zoning & Flexible Terms Considered
Positioned close to schools, shopping and essential services, 30 Coriander Place, Forest Lake presents an exciting opportunity for developers to secure a substantial landholding in an established residential setting.
Spanning approximately 10,700m², this relatively flat block is zoned Emerging Community and offers the potential to explore a townhouse development or residential subdivision, subject to Council approval. Its generous land area provides scope to design a considered layout that capitalises on the site's convenient location and surrounding amenities.
The property has access to both water and sewer, with sewer access options available from the front or rear of the lot. The closest sewer point is situated across the road from the property's frontage, providing a useful starting point for servicing investigations and preliminary design.
Located just 50m from Forest Lake Aged Care Facility, the property also presents an opportunity to investigate a retirement village or seniors' living concept catering to Australia's ageing population, subject to Council approval. The proximity to medical services, local shopping and everyday conveniences adds further appeal for developers considering this direction.
Convenience is a standout feature, with Forest Lake State School approximately 500m away and the Forest Lake IGA complex just 450m from the property, offering a bakery, medical centre and restaurant. Forest Lake High School is approximately 2.8km away, while Forest Lake Shopping Village is within 3km, placing a broad range of amenities close to any future residential development.
Offered for sale by Expressions of Interest, the owner is open to negotiating terms that allow developers time to prepare a proposed layout and consult with Brisbane City Council. This flexibility provides prospective purchasers with an opportunity to investigate their vision for the site, with contractual terms to be agreed.
For further information, to arrange an inspection or to discuss your proposed terms, contact Brock Ward.
All development outcomes are subject to Council approval and purchaser investigations. Land area and distances are approximate.
Marketing materials may have been digitally edited to enhance the images and are intended as a guide only. They may not necessarily reflect the property's exact current condition or appearance. Whilst every care is taken in preparing this marketing, Image Property will not be held liable for any errors in typing or information. Buyers should inspect the property and make their own enquiries to confirm all information.
Features
3 bedrooms
2 bathrooms
directions_car6 carspaces
directions_car6 garage spaces
0 m² floor area
crop_free1.07 ha. lot size
cottageAcreage Semi-Rural
Property history for 30 Coriander Place
2018
Sold
$650,000
25 Feb 2018 by Chris Foenander, of NGU Real Estate Head Office
Happy sellers in Forest Lake
91%
sentiment_very_satisfied
91% of sellers in Forest Lake reported that their sale price either exceeded or met their price expectations.
Forest Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 104 reviews in Forest Lake over the last 12 months.
Local market activity for 3 bedroom acreage semi-rurals in Forest Lake
Sold
For Sale
For Rent
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