Positioned in one of Chermside's most tightly held and conveniently connected pockets, this substantial 647m² allotment with LMR2 Low-Medium Residential zoning presents a compelling opportunity for developers, builders, investors or those seeking a property with genuine future potential. The property benefits from generous site measurement of approx. 16m frontage and 40.2m depth.
The existing three-bedroom post-war residence provides a functional holding today, with multiple living areas, a generous backyard, rear car accommodation and secure garage, all positioned on a substantial and predominantly flat block. Its highly convenient location places Westfield Chermside, Chermside Aquatic Centre, public transport, parks, bikeways and major amenities within easy reach, as well as easy connection to Brisbane CBD.
What sets this opportunity apart is the significant preliminary work already undertaken by the current owners to investigate the site's development potential. Prospective purchasers can be provided with the architectural plans, supporting documentation, consultant reports and revised plans prepared to date, providing a valuable head start for those looking to progress the project.
The current concept provides for 3 x 2-level townhouses, comprising two residences of approximately 220m² and a third of approximately 168m², incorporating generous living areas, garages, dedicated parking, private outdoor areas and landscaped areas.
Importantly, the plans and documentation are preliminary and have not been approved, with all development potential subject to the necessary approvals, assessments and purchaser due diligence.
Families will also appreciate the property's position within the Wavell Heights State School and Wavell State High School catchments, adding another layer of appeal to an already strategic location.
Whether you are looking to progress the existing townhouse concept, undertake your own design or simply secure a strategically positioned LMR2 holding, this is an opportunity where zoning, land, location and substantial preliminary work come together in one offering.
Key features:
• 647m² allotment
• Preliminary concept for three two-level townhouses
• Proposed areas of approximately 220m², 220m² and 168m²
• LMR2 Low-Medium Residential zoning
• Site dimensions approx. 16m frontage & 40.2m depth
• Initial reports state no flood overlay, subject to council confirmation
• Initial report state no Character overlay, subject to council confirmation
• Existing three-bedroom residence
• Multiple living areas, rear accommodation and secure garage
• Architectural plans, consultant reports and supporting documentation available to purchasers
• Revised plans and preliminary development work already undertaken
• Private outdoor living and landscaped areas incorporated into the concept
• Wavell Heights State School catchment
• Wavell State High School catchment
• Close to Westfield Chermside, transport, parks and major amenities
A substantial Chermside landholding with LMR2 zoning, an existing home and considerable groundwork already completed — offering purchasers the opportunity to take an established concept forward.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
