The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
LESS THAN 30 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
4 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterWed 29 Oct 14

Rare Opportunity to Acquire Master Planned Kurilpa Development Site

K

A development site has gone up for sale in Brisbane’s Kurilpa precinct, which will help to transform the 25-hectare site into a world-class riverfront destination.

Knight Frank and

Colliers have been appointed to sell the land allotments on behalf of

Parmalat Australia who currently own and occupy the land.

The space is situated on two development sites, 600 metres from the CBD. The Hope Street site is an 8,050 square metre space and is being offered as a whole site, or in two parcels.

The Montague Road site is 17,010 square metres and is being sold as four individual sites or in one line.

The location of the properties’ allows developers to use it to their advantage, being in close proximity to the Brisbane Exhibition and Convention Centre, Cultural Centre Precinct, South Bank Dining Precinct and West End Café and Restaurant Precinct.

Knight Frank’s senior director, institutional sales, Justin Bond said that the offering shows development potential and is largely supported by the local and state Government.

Source: The Australian[/caption]The current town planning provisions allow for 30 storey developments, but there is the potential for 40 storeys on some sites under the Kurilpa Riverfront Renewal Draft Master Plan.

“Initial feasibilities suggest the potential of approximately 2,000 residential apartments plus retail and commercial offerings across the available sites,” Mr Bond said.

“An astute developer may be able to produce higher yielding developments, subject to council approval.”

The Parmalat Australia sites are for sale through expressions of interest, closing on Thursday, 4 December.

RetailResidentialAustraliaConstructionPlanningPlanningDeal
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
View All >
Old Canberra Brickworks Yarralumla
Development

Doma Ready to Begin 380-Home ACT Brickworks Scheme

Leon Della Bosca
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
The City of Melbourne has opted to keep Greenline in the 2025-26 Budget.
Policy

Melbourne Budget Puts Paid to Greenline Future Fears

Marisa Wikramanayake
The Melbourne riverfront scheme has won funding for its next three stages—but the State must come to the party...
LATEST
Old Canberra Brickworks Yarralumla
Development

Doma Ready to Begin 380-Home ACT Brickworks Scheme

Leon Della Bosca
4 Min
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
3 Min
The City of Melbourne has opted to keep Greenline in the 2025-26 Budget.
Policy

Melbourne Budget Puts Paid to Greenline Future Fears

Marisa Wikramanayake
4 Min
Deicorp Five Dock Mixed-Use Precinct
Residential

Deicorp’s $1.8bn Inner-West Sydney Precinct Greenlit

Vanessa Croll
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/rare-opportunity-to-acquire-master-planned-kurilpa-development-site