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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