Strategic Land Parcels Hit the Market In One Line

Water supply statutory authority Unitywater is offloading three unique land parcels in Cashmere, west of Brisbane.

Subject to a reconfiguration of lots, the properties are offered to the market by way of expressions of interest closing 8 May, 2019, by Colliers International.

The properties, at Lot 1 and 3 Ira Buckby Road, are marketed both individually or in one line and combine a total area of 3.07-hectares with approximately 1.47-hectares of developable area, with excellent street frontage.

The properties neighbour the Cashmere Village Shopping Centre which comprises an IGA, medical centre, gym, veterinary, bottle shop and café deli.

Lot 1 is a 2.15-hectare parcel — subject to a ROL — and offers 5,896sq m of developable area. Lot 3 Ira Buckby Road is a separate parcel that totals 8,852sq m of developable land.

With rural residential zoning, within the urban footprint, all parcels are well-suited to specialist disability accommodation providers, residential aged care operators or residential developers and religious organisations.

Town planning reports reveal development possibilities for both properties under the council zone include dwelling house (considered acceptable as code) or the reconfiguration of lot considered with minimum lot sizes of 6,000 square metres.

Related: Rare Land Opportunity Hits the Market Individually or In One Line

The properties are located 16 kilometres south of rapidly-growing North Lakes and 8.5 kilometres from the new University of the Sunshine Coast Moreton Bay Campus project.

An excellent opportunity like this will be hard to turn down when the area it resides in is one like this.

The Moreton Bay local government area is in south-east Queensland, about 100 kilometres north of Brisbane. The Moreton Bay local government area is Australia’s third largest Council with 449,310 residents.

Moreton Bay has a number of game-changing infrastructure investment projects in the pipeline including the $1.6 billion Bruce Highway expansion and upgrade and the $300 million University of the Sunshine Coast's Moreton Bay Campus. Both pieces of infrastructure are scheduled to be completed in 2020.

The parcels of land at Lot 1 and Lot 3 Ira Buckby Road West, Cashmere are extremely well-located strategic land parcels that will attract a wide range of buyers given the significance of the sites.

Expressions of interest close 4pm, Wednesday 8 May.

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