This enormous 1.04 hectares of prime, vacant land with a massive 50.2m frontage has been cleared and is ready for development or subdivision. With Development Approval already obtained for 29 four-bedroom townhouses to be built, this is a rare and phenomenal opportunity to take advantage of the new HomeBuilder grant. With the infrastructure charge offset being nearly $400,000, this is your chance to reap excellent capital growth with minimal outlay.
Only a stroll away from Lakewood Avenue Park, Parkinson Duck Pond and Park, Parkinson Plaza, childcare centres, Calamvale Marketplace, Calamvale Community College and Wisdom College, the convenience on offer here is unrivalled. Also only a three minute drive from Parkinson Aquatic Centre, seven minute drive from Sunnybank Hills Shoppingtown and express city buses, and a seven minute drive to Calamvale Central, this is an ideal area for families. With such amazing amenity on offer in this beautiful suburban neighbourhood, both townhomes and land will attract first home buyers seeking proximity and lifestyle.
A high infrastructure charge offset of $353,335 allows you more funds to develop quality homes, and with Developmental Approval, Operational Works and the Tender Package having been completed, you'll save more than $400,000 in excess costs. Brisbane City Council have put a ban on townhouse approval in the area, so the last block having a valid Development Approval and being the only project in the area suitable for the HomeBuilder and First Home Owner grants means this is a rare opportunity. With all the paperwork required ready to go for presale and tender, you could easily sell a number of townhouses in the few months before construction starts, with the remaining townhouses bound to attract interest during the remaining construction period.
The site has been fully cleared with all trees having been removed as per the Vegetation Management Plan. In contrast, other properties in the surrounds are full of trees and plants that are included in the Biodiversity Area and Significant Landscape Tree overlays, so would not be permitted by Council to be subdivided or built on.
A chance such as this to develop or subdivide in an area that's already mostly established and hard to build in won't come along twice. The paperwork, land and DA approval is ready to go, so don't delay: contact Emily Xiong today.
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
