Knight Frank is pleased to present a unique development opportunity in the heart of Brookwater, one of the key suburbs within the Greater Springfield City. This expansive site spans 46,200 sqm* and holds a current development approval for 42 residential lots, a recreational facility and a commercial building, with the potential for alternate schemes (STCA^).
Enhanced by the surrounding suburbs’ abundance of retail, medical, transport and parkland amenities, this development opportunity is strongly complemented by its environs.
Brookwater has solidified its standing as a million-dollar suburb, with the average house price achieving in excess of $1.5 million. This attracts an affluent demographic that underwrites the growing demand for premium housing surrounded by high level of amenities and infrastructure locally.
- Expansive Land area: 46,200 sqm*;
- Golf course frontage, adjoining the Brookwater Golf & Country Club;
- 25km from the Brisbane CBD (35 minutes)*;
- Exceptionally positioned land surrounded by retail, medical, public transport and parkland amenities;
- Development approval for 42 residential lots, a recreational facility and a commercial building;
- Three street frontage to Magnolia Drive, Tournament Drive and Augusta Parkway.
‘Magnolia Place’ is For Sale by Expressions of Interest closing on Thursday 7 September at 4pm (AEST).
*Approx.
^Subject to Council Approval
~Outlines indicative only
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