This 4 acre superb development site with a 97m frontage is in a prime location. Situated in a huge growth area of South Eastern Brisbane. An elevated location, sitting higher than the surrounding new developments, it has a 3% gentle slope covering an area of 16235 sqm, (over 4 acres) with town water and two sewage connection points available.

This is the only acreage left in the area with DA in place and is surrounded by new estates such as Villa World.

Uniform designs and specifications are available for all 36 townhouses with full independence.

This Development does not require community centers, eg: entertainment hall, parks, swimming pool, refuse and mail center, BBQ area, etc, and therefore does not need to have a corporate management house with its associated fees and maintenance.

The 16m wide x 150m length new road has been dedicated to Council and hence there is little requirement for outdoor maintenance for the villas apart from lawn mowing.

Minimal earthworks (only for underground services) are needed on the site with no extra infrastructural work or contributions, except as per the standard conditions of approval.

This development is an excellent opportunity for a builder, or developer to complete these townhouses either in stages or in one go with the option to either sell them or rent them out with projected earnings easily in excess of $700,000 per year.

Each townhouse comprises 4 bedrooms, 3 bathrooms, single lockup garage + laundry & extra private car parking space next to the entry separate from the visitors car parks.

There is plenty of open space both in the rear & on the side for outdoor living, gardens or services, (for each townhouse).

Close to 3 major highways & train station plus only 20 minutes to Brisbane CBD and 30 minutes to The Gold Coast. Surrounded by major amenities.

There is an existing as new 5 bedroom, 3 bathroom house currently attached to one corner of the potential development which can divided off and then sold separately.