Contract collapsed and outstanding opportunity exists for a capable buyer !
1292m2 Zoned DC1. Exciting development opportunity situated Less than 150m from thriving local retail/commercial precinct & Oxley TRANSLink Station.
The Site
1292m2 Zoned District Centre 1. The site falls within the Oxley Centre Precinct NPP-002 of the Darra-Oxley District Neighbourhood plan, more specifically within the Oxley Suburban Centre Sub-precinct NPP-002A.
District zoning allows for multiple uses and under the Oxley District Neighbourhood Plan the development can potentially be up to 5 storeys in height and allow 2584m2 of Gross Floor Area Theoretically allowing approximately 30 - 34, two-bedroom units based on an average of 75m2 + balconies (STCA).
2 Lots (758m2 + 534m2) on one title with a gross holding income of $1,538 pcm the site also boasts a strategic active frontage.
Information Memorandum including some Town Planning advice is available on request. paul.liddy@raywhite.com
The Location
The site is located less than a minutes' walk from the neighbourhood shopping village which includes Oxley Central - with multiple tenants including Australia Post, the Oxley TRANSLink park and ride Station and The Station Oxley centre recently purchased by Sydney based listed estate funds manager and developer Folkestone Ltd for around $35million.
The shopping centre is anchored by a 3200sq m Woolworths supermarket along with commercial offices leased to the Queensland Department of Communities, Child Safety and Disability Services.It also houses 17 specialty retailers including BWS, Flight Centre, CBA and Priceline Pharmacy.
Other village retailers include numerous local restaurants, coffee shops, speciality stores, professional services and a 24hr Fitness Centre.
The location also offers local parks, schools and sporting facilities within short walking distance and easy access to major arterial roads including the Ipswich Motorway via Oxley Rd
Contact
Paul Liddy
paul.liddy@raywhite.com
0431 643 010
