DA Approved Site

145 Government Road, Richlands, QLD, 4077

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$2,200,000

Development Description

D.A. Approved Site.
47 Townhouses.
Designed for a total 21 x four and 9 x three bedroom townhouses.
A Financier had offered to finance the construction costs expected to be $10.5m on a developer's initial input of $1,000,000.
Situated some 16 kilometres from Brisbane CBD.
Situated in a suburb exploding with residential population growth.
Handy to industrial estates where the majority of the occupants of these townhouses will be employed.
A feasibility analysis suggests that the point of sale should be factored in at the $380,000 price point.
Designed for six stages of development, if desired.
Richlands has had a constant history of development over the last 30-40 years and is currently home to the Lions Football Club, the famous Richlands Tavern, a new railway station and Coca Cola,

Development Data

  • Development 16 Klms To Brisbane CBD : 47 3 and 4 bedroom townhouses
  • Zoning Special Development Area
  • Site Area 10117 sqm
  • Developable Area 4975 sqm
  • Site Coverage FSR 44.5%
  • Height HOB -
  • Co-efficiency -
  • Net Sellable Area -
  • Frontage -
  • Council Brisbane City Council
  • Control Used -
  • Land Content -
  • Builder Wholesale -
  • Developer -
  • Builder Retail -
  • Developer Land only -
  • Builder Aggregator -
  • Conjunction Partner PAIG Development Services
  • Acquisition Type -
  • Date Listed 26/05/2018
  • Property ID 1257

Map

Recent Sales: Southside

Address Property Type Land Area Total Floor Area Sold Date Sale Price
Lot 74 Arlington Street, Doolandella, QLD, 4077  House  293 sqms  198 sqms  Not Provided  $549,900
Lot 85 New Road Road, Doolandella, QLD, 4077  House  328 sqms  148 sqms  Not Provided  $482,250
Lot 17 Falkland Street, Heathwood, QLD, 4110  House  402 sqms  165 sqms  Not Provided  $540,000