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Developers Sought for Approved Townhouse Site

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Expressions of interest are being sought for a substantial approved townhouse site in the affluent area of Kenmore, at 128-132 Kenmore Road.

With a 3.19-hectare land area, the site has two existing dwellings, and is zoned as emerging community.

The site is marketed by Ray White Special Projects Queensland directors Andrew Burke and Matthew Fritzsche.

With approvals already in place the demand for townhouse sites in affluent areas like Kenmore were big positives for potential developers, Burke said.

“Potential buyers will love the fact the site already has the development approval for 65 townhouses.

“This planning certainty offers speed to market, and that’s everything in today's market.

“Potential developers should note the lack of competing medium density developments in the area and that the location itself was a drawcard in itself.”

With a 3.19ha* land area, the site has two existing dwellings, and is zoned as Emerging Community.
With a 3.19ha* land area, the site has two existing dwellings, and is zoned as Emerging Community.


Despite its bushland setting, Fritzsche said the asset was in close proximity to a wide variety of local amenity, including schools, public transport and local shopping.

“Here you get the best of both worlds with peace and tranquility, but having the connectivity of the Centenary Highway a stone’s throw away,” he said.

“Not only that, but the asset is just 9 km south-west of Brisbane CBD, with the site only an eight minute drive to Indooroopilly shopping centre.”

Expressions of interest close on Thursday 21 March 2019 at 4pm.


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Andrew Burke

Ray White Special Projects (Qld)

0417 606 128

andrew.burke@raywhite.com

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Matthew Fritzsche

Ray White Special Projects (Qld)

0410 435 891

matthew.f@raywhite.com


The Urban Developer is proud to partner with Ray White Special Projects to deliver this article to you. In doing so, we can continue to publish our free daily news, information, insights and opinion to you, our valued readers.

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Article originally posted at: https://theurbandeveloper.com/articles/expressions-of-interest-for-approved-kenmore-site