Positioned within one of Moreton Bay's most exciting future growth corridors, this exceptional DA-approved development opportunity offers an outstanding combination of immediate holding income, future development potential, and long-term capital growth.
Situated within the highly sought-after Urban Neighbourhood Precinct of Petrie, this substantial 1,684m² landholding comes complete with an approved subdivision and an existing residence, providing purchasers with the flexibility to develop immediately or secure a strategic landholding within one of South East Queensland's fastest-growing locations.
The approved development allows for the creation of a new 604m² allotment while retaining the existing residence on approximately 1,080m², significantly reducing the time and uncertainty associated with obtaining development approvals.
Beyond the current approval, the Urban Neighbourhood zoning presents exciting future opportunities for townhouse development and other medium-density residential outcomes (STCA), making this an outstanding acquisition for developers, investors and land bankers alike.
Existing Residence
The existing home provides immediate comfort together with excellent rental holding income while future plans are considered, featuring:
- Three generous bedrooms
- Spacious living area
- Sunken dining room
- Open-plan kitchen with ample storage
- Separate laundry
- Modern updates throughout
- Established gardens and outdoor entertaining space
Development Highlights
- 1,684m² Urban Neighbourhood zoned landholding
- DA Approved subdivision already secured
- Existing residence providing immediate holding income
- Approximately 33-metre frontage to leafy Connors Street
- Excellent future potential for townhouse development or other medium-density residential outcomes (STCA)
- Located within one of Moreton Bay's strongest long-term growth precincts
- Rare opportunity to secure a large development site with approvals already in place
Location Highlights
- Approximately 300m to Petrie State School
- Approximately 2.8km to Queensland Pathways State College
- Approximately 3.3km to Pine Rivers State High School
- 2 minutes to local shopping and everyday amenities
- 4 minutes to Petrie Train Station
- Close to the University of the Sunshine Coast Moreton Bay Campus
- Approximately 28 minutes to Brisbane Airport
- Easy access to Brisbane CBD, the Sunshine Coast and major transport corridors
Whether you're looking to commence development immediately, land bank within a high-growth corridor, or secure a premium development site with existing holding income, this exceptional DA-approved opportunity delivers outstanding flexibility and long-term potential.
Contact us today to obtain a copy of the approved plans and further information.
Disclaimer: We have used our best endeavours to ensure that the information contained herein is true and correct. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.
