The parcel of land, at 996 Hamilton Road, offers development in two stages. Stage one has development approval for 23 townhouses with approval pending for a further 27 dwellings.
 
The asset is jointly marketed by Ray White Special Projects Queensland Executive Directors Mark Creevey and Tony Williams.
 
Mr Creevey said the approvals along with strong local demand for completed stock will make the site attractive to a number of potential buyers.

Pictured: 996 Hamilton Road, McDowall being marketed by Ray White Special Projects Queensland. Image supplied by Ray White Special Projects QLD.

“The approval provides the incoming purchaser with an opportunity to capitalise on significant planning and development investment to de-risk the site and benefit the incoming buyer with the ability to deliver the project without delay,” he said.

View 996 Hamilton Road, McDowall on the Ray White Special Projects website.

“The property provides a rare in-fill site of 1.488 ha which is well positioned to take advantage of strong market conditions for residential property development.
 
“Strengthening rates of sale and sales prices for land, new house and townhouse product in the northern and north-western corridor is being driven by strong consumer demand and increasing quality in supply.”

Pictured: 996 Hamilton Road, McDowall being marketed by Ray White Special Projects Queensland. Image supplied by Ray White Special Projects QLD.
 
Mr Williams said the strategic location of the site and the high-quality development that’s on offer will be real drawcards.
 
“The site provides a significant in-fill development opportunity only 15 km north from the Brisbane CBD. Hamilton Road is ideally positioned to provide connectivity to arterial roads including Gympie Road, Bruce Highway and the Gateway Arterial,” he said.
 
“The product provides the opportunity to deliver a high-quality development with a focus on the owner-occupier market. The product mix comprises of three-bedroom and three-bedroom and study with internal GFA’s of up to 174 sqm."
 
Expressions of interest close on Thursday 13 December 2018 at 4 pm.

This is a sponsored post.

Visit the Ray White Special Projects QLD website to view all properties for sale.
 
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