Significant Mixed-Use Development Opportunity- Mitchelton

13-27 University Road, Mitchelton, Queensland 4053

Land For Sale

For Sale
Floor Area: 4,696.00 m2.    

Description

Colliers International are pleased to present 13 to 27 University Road in Mitchelton to the market for sale.

University Road represents an outstanding opportunity to secure a ‘development ready’ site or a significant land bank with holding income in the thriving suburb of Mitchelton.

The key benefits that will accrue to the next owner of this property include:

• Significant 4,696m²* total land holding
• Land holding made up of 4 lots each improved with a house
• Holding income available from the four houses
• Situated approximately 8km* radially from the Brisbane CBD;
• Excellent connectivity and lifestyle amenity being within walking distance to:
o Blackwood Street Village Cafés & Restaurants (200m* walk)
o Mitchelton Train Station (250m* walk)
o Mitchelton Primary/ High School (500m* walk)
o Brookside Shopping Centre (700m*)
o Kedron Brook and numerous parks within walking distance
• Mixed-use zoning provides for a range of development outcomes including
o Multiple Residential Uses: apartments, townhouses, land subdivision
o Office
o Childcare
o Education
o Health care services
o Short-term accommodation
o Retirement living
• Concept plans available for 72 apartments (or 68 apartments + 4 commercial spaces) over 2 buildings with ground level car park
• Supporting Pre-Lodgement minutes from Brisbane City Council for the Concept Plans can be viewed
• Options to purchase 2 lots for 34 apartments + 2 commercial spaces or 4 lots for 68 apartments + 4 commercial spaces.
• Extensive (80m*) frontage to University Rd which allows for easier construction access and greater street appeal.

You can purchase 2 lots for $2,300,000 or all 4 lots for $4,600,000.

For further information please contact the exclusive agents.

*Approximate.

Features

  • Significant 4,696m²* land holding
  • Land holding made up of 4 lots
  • Holding income available from the houses

Map

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