Situated at the heart of the 'Narangba East' LDA for future urban development and zoned as
'Emerging Community' land, this flat and centrally located 1.18ha property offers substantial future potential, underpinned by a flat block and 3-bedroom house (with existing rental income stream). An ideal land bank for the shrewd investor to leverage against future growth in this highly popular area close to the Bruce Highway corridor.
With development of the northern section of the Narangba East LDA already well under way
and land at an increasing premium, now is the perfect time to consider a strategic
acquisition. Position is ideal for capitalising on future activity, bordering one of the largest single land pockets in the entire area and only 200m to the (already redeveloped) Narangba Train Station (with fast services direct to Brisbane CBD), ensuring this immediate
neighbourhood will be a focus of eventual high-density construction.
At present, a sealed driveway leads to the spacious main house, consisting of 3 bedrooms
and 2 bathrooms with enclosed veranda and covered outdoor area. There is a detached
utility room of approximately 88sqm and a 4-bay shed, all surrounded by a large rural style
block.
Given location and zoning, the current owner has priced realistically to sell to an informed
purchaser. Just 10 minutes from North Lakes and 5 minutes to the Bruce Highway in a
rapidly expanding region, an opportunity not to be missed.
Description - Lot 5 RP 79481
Property size - 11,746m 2
Moreton Bay Regional Council Zoning: Emerging Community Interim Precinct
Contact Terry Taplin on 0410 414 177 for further details.
