12–44 Margaret Street, Burpengary East — 10Ha Contiguous Landbank · Two Ways to Win

Five contiguous 2-hectare freehold titles (Lots 2–6, RP161033) on Burpengary East's growth front, offered off-market. Acquire 3 to 5 titles under a staged structure — and choose your horizon: subdivide now under the current Rural Residential zone, or hold and plan for the Emerging Community uplift on the ~24-month timeline Council has already flagged. Existing dwellings carry rental income across the hold.

The asset

• 10Ha across five contiguous 2Ha titles, full Margaret Street frontage (Lots 2–6 RP161033)
• Flexible 3–5 title acquisition — staged: freehold at settlement + clean call option(s)
• Flat, developable topography — efficient civil delivery
• Existing income-generating dwellings — rental offset through the planning/hold period

Strategy 1 — Develop now (Rural Residential)

• Compliant subdivision into 3,000m² lots available under the current Rural Residential zone — no rezoning
• Reconfiguration of a Lot is code-assessable (s9.4.1.11 MBRC Planning Scheme) — fixed benchmarks, no public notification, no State interest review
• An immediate development option and a tangible land-value floor beneath the strategic play

Strategy 2 — Hold & plan (Emerging Community)

• Scheme amendment to bring the site into the Emerging Community Zone — Transition Precinct, targeting 70–80 lots @ 420m²
• MBRC pre-lodgement complete (DA/2026/1735): Council's Principal Planner has confirmed in writing the proposal has planning merit — a timing constraint only, not a fundamental barrier, with scheme alignment expected within ~24 months and Council having flagged its support
• State Government SEQ Plan Urban Footprint review underway — expected to support the outcome
• Adjacent 421ha North Harbour PDA (declared 30 July 2025, 3,700+ dwellings) plus approved precedents nearby — Twists Road (155 lots), Sage Estate/Hunt Road (329 lots, Cedar Woods), Farriers Creek (CFMG Capital) — anchor the pathway

Indicative EC outcome (full-holding base case): gross revenue ~$50.4M · pre-finance profit ~$17.0M · ~52%+ margin (70–80 lots). A vendor-funded ecology report is underway to refine the koala footprint, with potential to lift net developable area.

The corridor

Burpengary East — ~35km north of the Brisbane CBD via the Bruce Highway, 2–3km to the M1 interchange. Indicative RP $965,000 median house price, 16.19% 12-month growth, 13.59% p.a. over five years, 1.51% rental vacancy, 231 annual sales.

Buyer profile

A developer/investor with planning capability and the patience to capture the uplift between current Rural zoning and post-amendment residential density — backed by an immediate rural-residential fallback and income in place through the hold.

Acquisition

$1,275,000 per hectare — $12,750,000 for the full five-title (10Ha) holding, pro-rata for a partial take (~$7,650,000 for three titles / ~6Ha, ~$10,200,000 for four). Staged: freehold at settlement + clean call option over the balance.

Purchaser due diligence

• SEQRP Urban Footprint / Rural Living Area mapping position
• Koala Habitat overlay — vendor-funded ecology report in progress
• Flood overlay (partial) — established engineering response within the precinct
• Achievable yield, civil scope and servicing strategy — to be confirmed by the purchaser's own town planner and engineer

Expressions of interest

EOI close Thursday 28 May 2026, extended pending the outcome of the ecology report.

All information has been compiled with reasonable care and is believed accurate at the date of issue, but is provided as a guide only and without warranty. Interested parties are encouraged to undertake their own due diligence; access to the town planner engaged on the site is available on request.