The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Urban Leader Awards Logos RGB White
NOMINATIONS CLOSE SEPTEMBER 12 RECOGNISING THE INDIVIDUALS BEHIND THE PROJECTS
NOMINATIONS CLOSING SEPTEMBER 12 URBAN LEADER AWARDS
LEARN MOREDETAILS
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
RetailPartner ContentWed 02 Feb 22

Residential, Commercial Sites on Offer in SEQ

a2ec01cf-775b-47ec-b1b8-fc9a63743d0a

A residential subdivision with approval for 130 lots and its neighbouring commercial site in regional Queensland are due to go under the hammer soon.

Marketing agent Harvey Huang of Yong Real Estate said the sites were “arguably one of the most affordable development opportunities in south-east Queensland per lot”.

The sites can be purchased together in one line or separately.

The residential site at 1 Goran Place, Warwick is a major residential subdivision with DA approval for 130 residential lots with an average lot size of 826 square metres.

“The site presents multiple benefits to create a rare opportunity,” Huang said.

“The 800sq m plus lots are code assessable for dual occupancy detached houses, which will further enhance its yield tremendously.

“Lots smaller than 800sq m will also be impact assessable for dual occupancy detached houses.

“Headworks charges are also discounted to $8300 per lot, almost a third of the usual charge per lot for a new developments.

“The current approval also will not expire due to being part of a multi-stage DA approval.”

Huang said there had been a major shortage in supply with a residential vacancy rate of only 0.1 per cent, according to SQM Research, December 2021), so there was a strong demand for more housing and plenty of opportunities.

“As a major regional city, population growth in Warwick has been strong and will continue to be strong especially with the Covid-19-inspired regional shift,” he said.

There are also major employment opportunities with the Macintyre Wind Farm to the west due to provide up to 640 jobs during the transmission line construction.

“The operational works plan has been completed and just needs lodging, all services and infrastructure are ready to be connected with no external works required and the new proposed inland railway is nearby,” Huang said.


The commercial site at 1-7 St George Street, Warwick is a 1.37ha large and flat commercial site with bulk earthworks completed.

“This is a commercial site with maximum exposure suitable for a variety of different uses— 248.7sq m dual frontage corner site with a lapsed DA for tavern, childcare centre, fast food restaurant and retail with 153 car spaces & NLA of 3224 square metres,” Huang said.

“The town is ready for a new tavern and the area also has further need for motel accommodation, so the site and the market here have plenty of opportunities."

Both sites are just two minutes from the Warwick CBD with such amenities as Woolworths, Coles, Bunnings, shopping centres, Big W, Kmart, public transport and schools.

Easy access to the Cunningham Highway provides a direct link to Ipswich, Brisbane and the Gold Coast.

The auction will be conducted at Yong Real Estate’s boardroom in Sunnybank Hills by former Brisbane Lord Mayor Graham Quirk.

Video presentations of the residential site and the commercial site are available.

For more information, contact Harvey Huang.


The Urban Developer is proud to partner with Yong Real Estate to deliver this article to you. In doing so, we can continue to publish our daily news, information, insights and opinion to you, our valued readers.

RetailResidentialInfrastructureChildcareGold CoastBrisbaneResearch
AUTHOR
Partner Content
More articles by this author
ADVERTISEMENT
TOP STORIES
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
Woolloongabba Precinct Vulture St
Exclusive

Brisbane Developer in Cross River Rail Compensation Tussle

Clare Burnett
4 Min
The Mondrian Gold Coast hotel's food and beverage is driving profits
Exclusive

Touch, Taste, Theatre: What’s Driving Mondrian’s Success

Renee McKeown
6 Min
Fortis’ display suites are designed as brand environments first, with tactile details and curated design to build buyer confidence before project specifics.
Exclusive

Relevant or Redundant: Will Tech Kill Display Suites?

Vanessa Croll
7 Min
Exclusive

Missing Heart: Why The Gold Coast Needs a CBD

Phil Bartsch
7 Min
View All >
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
Aerial view of Caboolture and Bruce highway to Brisbane with Bribie Island Road crossing, Queensland, Australia
Policy

Queensland’s $2bn Push Opens New Housing Front

Vanessa Croll
First projects named in a statewide plan to fast-track supply, including thousands of homes in a major growth region…
LATEST
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
3 Min
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
3 Min
Aerial view of Caboolture and Bruce highway to Brisbane with Bribie Island Road crossing, Queensland, Australia
Policy

Queensland’s $2bn Push Opens New Housing Front

Vanessa Croll
2 Min
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/regional-development-sites-set-to-go-under-hammer