With a 3.19ha* land area, the site has two existing dwellings, development approval for townhouses, and is zoned as Emerging Community.
 
The site is being marketed by Ray White Special Projects Queensland directors Andrew Burke and Matthew Fritzsche.
 
Mr Burke said having approvals already in place and the demand for townhouse sites in affluent areas like Kenmore were real positives. “Potential buyers will love the fact the site already has the development approval for 65 townhouses. This planning certainty offers speed to market, and that’s everything in today's market,” he said.

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“Potential developers should note the lack of competing medium density developments in the area and that the location itself was a drawcard in itself.”
 
Mr Fritzsche said despite its bushland setting, the asset was in close proximity to a wide variety of local amenity, including schools, public transport and local shopping.

View 128-132 Kenmore Road on the Ray White Special Projects website.

“Here you get the best of both worlds with peace and tranquillity, but having the connectivity of the Centenary Highway a stone’s throw away,” he said.
 
“Not only that, but the asset is only 9km* south-west of Brisbane CBD, with the site only an eight-minute* drive to Indooroopilly shopping centre.”

*Approximately.

Expressions of interest close on Thursday 21 March 2019 at 4 pm. For more information contact the listing agents via the contact details below.
 
Visit the Ray White Special Projects QLD website to view all properties for sale.

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Related reading:

Substantial Mitchelton site offered to the market

Expressions of interest for substantial rural residential site in Maryborough

Multi-purpose site at Kenmore Hills available through Ray White Special Projects