Secure Area...

To view this content, please log in by entering your e-mail address and password below.

E-mail AddressEnter your e-mail address
PasswordEnter your password
Lost Password

 

You cannot access this page because:

  • You are not logged in.

Latest Alerts

Big


An off market opportunity presents itself with over 3600m2 of LR land for around $3.1m in a popular family suburb. Considering the ‘green’ location and land size, the property is remarkably and largely free from negative overlays, with the only knocks on it being flooding within the street (but we don’t believe this will prevent development) and slope on the block. Mathematically we can achieve 7 lots but 6 x 600m2 lots is more appropriate for the location and in consideration of the slope. At the proposed price we feel this is very affordable and could potentially suit an owner occupier or land banker as well as a developer. After allowing for some considerable costs, our numbers are showing approximately $900k equity gain. Buyers at $3.1m should call Justin on 0410511535.

Time


There is so much to love about this property, and we believe it has potential for a fabulous unit development and potentially fabulous numbers… but we’re not there yet and need some time. It will take hours, or possibly days to draw this up and better refine our numbers and at this point in time we don’t even know if we have a client who could undertake a project like this. We also don’t want to let this opportunity slip, hence the alert now. On offer are three houses side by side, each on 405m2, in a quiet street and in a popular inner-city suburb. Total land holding is 1214m2 (approx.) with a gentle slope. The land is zoned MR, which is where the first big opportunity lies, but what really sets it apart is it is situated directly opposite popular parkland, allowing for approximately 50% of units to have a parkland outlook. Not just satisfied with this, the rear of the complex should achieve a city view from the upper levels, meaning probably 70% plus of the units will have a desirable outlook. They want $1.45m per house firm, but we’ve plugged in $1.4m each for $4.2m total. We’ll need to see how we go!

Making Tracks


Here’s an opportunity for you to ‘make some tracks’, the only question really is ‘which tracks are you going to make?’ On offer is an off market LMR2/3 site (you read that correctly!), that for once doesn’t feel over the top in price (you also read that correctly!) that comes with multiple options. Located in a quality suburb and in a quiet street (though it is near train lines), this North-South orientated, mostly flat 650m2 site with an 18m+ frontage offers up multiple options, so it is now up to you to decide what tracks you want to make. Of the options, top of the list is probably two new houses showing approximately 21.5% equity gain, or three townhouses at 28%. Buyers around $1.55m+.

Views


Located in a suburb that has started to move forward in leaps and bounds, this 875m2 LR site with a 20m frontage achieves cracking suburban and city views, perfect to take advantage of with two new vacant lots or two new houses. Currently on the site is a very neat a tidy post-war home, which also provides the option for land banking. We’re stuck a little bit between a rock and hard place though when it comes to price and numbers. At $1.6m buy, we don’t believe this is over the top for a quiet position, this much land and fabulous views, however, our numbers are falling short, though there is potential to achieve a premium price or market growth to get the numbers to work after 12-18 months. Buyers at $1.6m.

 

Join our community

Community

Join Our Community

Keep up with the latest developments in the market for established properties in South East Queensland.

 
E-mail Address:
Full Name:
Postcode:
 

© 2025 Investigate Property.

Home   Contact   Disclaimer   Privacy   Sitemap   Web by ChuChi Design. Powered by Oncord.