Sold By Warren Kapoor
INVESTOR OR DEVELOP
Warren Team exclusively presents this outstanding Investment and Development opportunity. Sitting on 792m2 of land in Acacia Ridge, this property comes with a multitude of options to get the maximum return on your money.
DEVELOPMENT POTENTIAL
- 792m2 of flat land
- Low-Med Density, 2-3 stories
- Subdivide into Single Lot Houses (subject to council approval - STCA)
- Build Townhouses (STCA)
- Build Units STCA)
HOME FEATURES
- Existing 3 Bedroom Home on site
- Large Kitchen & Separate Living Space
- 1 Baths
- 2 Car Garage
- Outdoor Entertaining Area
- Swimming Pool
ACACIA RIDGE
Acacia Ridge is an ever-growing suburb with limitless potential. We're seeing a large amount of change in the area just in the last 10 years. Many city working professionals are choosing Acacia Ridge and surrounds as the place to live.
With many convenient amenities plus easy access to the city makes the area highly sought after for young families. Developers are taking note of this as well. We've seen great amounts of land bought and converted into high-end units blocks in the council's zones that allow 2-3 stories.
LAND SALES
8 Limerick St - 809m2 - $600,000
15 Marnham St - 658m2 - $475,000
26 Chardean St - 1,123m2 - $775,000
1 Emily St - 749m2 - $526,000
NEARBY DEVELOPMENTS
15 Marnham St - 658m2 - 5 Townhouses
48 Marnham St - 658m2 - 2 House Lots
51 Elizabeth St - 825m2 - 6 Units
38 Elizabeth St - 825m2 - 5 Townhouses
4 Ebury St - 1,356m2 - 7 Townhouses
CURRENT VALUES
3 Bed Townhouse - $380,000
2 Bed Unit - $345,000
LOCATION FEATURES
12.4kms | BRISBANE CBD
100m | Acacia Ridge Kindergarten
200m | Acacia Ridge Community Hall
250m | Acacia Ridge Shopping Mall
600m | Tafe Queensland
1.2km | Acacia Ridge State School
1.7km | Archerfield Airport
4.0km | Sunnybank Plaza
4.8km | Griffith University
Please contact us to express your interest.
Need help with your Development Research?
Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with consultants who are able to provide researched feedback to help you get your next project started.
With the Brisbane City council encouraging development in this area, the project developers can start planning and receive a development approval in a reasonable time frame. Once your DA application is approved by the council, the townhouses can go to market almost immediately for off-the-plan sales.
Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.
