blue-chip sites hit market through ray white commercial

blue-chip sites hit market through ray white commercial


September 2016
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Blue-Chip Sites Hit Market Through Ray White Commercial

Three substantial development offerings spread across the broader Brisbane marketplace have been listed courtesy of specialists Ray White Commercial, with each of the sites boasting enormous potential for small, medium and macro scale developers alike.

50 Ashmore Street, Everton Park presents as a 6.1 hectare opportunity positioned only 10km North of Brisbane’s central City precinct.

Highlighting permit potential for either a low-density residential, aged care or retirement village or rural zone, the property is offered across multiple existing titles and is walking distance to a suite of local amenities including Brookside Shopping Centre, North West Homemaker Centre, local schools and a number of transportation options.

The suburb itself boasts a population in which over 60% of residents either fully own their property or are in the process of purchasing via mortgage, whilst the remaining 30% are tenants - representing the potential ideal mix for owner occupier and investor purchasers. 

23-27 Halpine Drive, Mango Hill offers some 4400sqm of prime land with an approved development application for 72 units distributed in a 48x2 bedroom and 24x3 bedroom apartment mix.

Within walking distance to Mango Hill Railway Station and an adjoining Coles Shopping Centre, Halpine Drive also features immediate proximity to nearby attraction including North Lakes Town Centre, Westfield North Lakes, North Lakes Health Precinct and local educational institutions.

Positioned within General Residential Zoning (Urban Neighbourhood Precinct), the property also boasts retail space for a cafe, all within 30km North of the Brisbane CBD.

South of Brisbane CBD is 21 Dornock Drive, Boronia Heights, a 1.6 hectare site spread across four land titles and described as ‘surplus Government land’.

Situated within the ‘Southern Brisbane Growth Corridor’, an area earmarked for substantial future population growth, Dornock Drive is zoned Low Density Residential Suburban Land, providing an abundance of potential for developers to visualise their own projects.