Name: 161 New Settlement Road, Burpengary, QLD 4505
Address: 161 New Settlement Road , QLD, Burpengary, QLD, 4505
Telephone: +61 447 714 899

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161 New Settlement Road, Burpengary, QLD 4505

Properties / Buy / Queensland / Burpengary

Development Potential

1. Property Summary

Property Type

Commercial

Sub Type

Other, Retail/Shopping Centre, Land Site

Land Area

17,270 m² (*approx)

Selling Method

For Sale: Expressions of Interest Closing 4 July 4pm (AEST)

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2. Property Highlights

Retail Development Site In Booming Burpengary Region

Michael Feltoe & Lachlan O'Keeffe are proud to present 161 New Settlement Road - a retail development site situated in the heart of the Moreton Bay region.

|What|

• A cleared and levelled 1.73ha retail development site

• Set to benefit from increased traffic resulting from the recent $163m Bruce Highway/New Settlement RD interchange upgrade

• 270m high profile corner and adjoins upcoming signalised intersection

• Within the Next Generation Neighbourhood place type, which aims to provide local services in convenient locations for new residential developments

|Where|

• Situated in the heart of the Moreton Bay region, 30km* North of the Brisbane CBD

• Moreton Bay is one of the fastest growing regions in Australia, with its population projected to grow 43% by 2041 to over 690,000 residents

• Located amongst numerous residential estates in Burpengary & Narangba delivering over 1,000 new homes, including the adjacent Alkina Estate (437 homes)

• Less than 1km* along Morgan Road from a future 2,000 student Prep-Year 12 Catholic school

|Why|

• Despite strong residential growth within 5 minutes drive of the site, there is a distinct gap in this catchment for retail services

• Well known national retailers have expressed leasing interest in the site (Fast Food, Fuel Retail, Supermarkets, Healthcare & Childcare)

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