Chermside 4032 . D.A. Site Approved for 50 apartments

26-28 Curwen Terrace, Chermside, QLD, 4032

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$3,150,000

Development Description

Brisbane City Council Development Approval received for 44 x 2 bedroom apartments and 6 x 3 bedroom apartments.

The land is designated “High Density Residential (up to 15 storeys)” under the Brisbane City Plan 2014 and is further subject to the Chermside Centre Neighbourhood Plan.
The Chermside Centre Neighbourhood Plan is intended to facilitate the development of Chermside as a principal regional activity centre, accessible by high-quality public transport and serves as a focal point for employment, administration, cultural, entertainment, retail and service activities on the north side of Brisbane. Development will be consolidated around key activity nodes being the Prince Charles Hospital, Chermside Shopping Centre and the Gympie Road transit corridor, supporting major activity generators in these areas and using high levels of accessibility.

The subject property is located within the High Density Residential sub-precinct of the Residential North precinct within the Neighbourhood Plan.
Development Approval for a seven storey residential building comprising a total of 44 two and 6 three bedroom residential units plus two basement levels of car parking and a roof level entertainment area. The Gross Floor Area of the approved development is 4,715 square metres.
Development immediately surrounding the subject comprises a mixture of older style detached dwellings and modern multiunit residential buildings. The property is located close to a wide range of services including shops, schools, public transport and parkland. Major retail and commercial facilities are located nearby. The Prince Charles public and Holy Spirit private hospitals are located a short distance to the south. Several state and private primary and secondary schools are located within close proximity. Council bus services run through the road network.  

Development Data

  • Development Approved for 44 x 2 bedroom apartments and 6 x 3 bedroom apartments
  • Zoning High Density Residential
  • Site Area 1584 m2
  • Developable Area 1572m2
  • Site Coverage FSR 68%
  • Height HOB 8 stories 53.6 m AHD
  • Co-efficiency -
  • Net Sellable Area 4715 m2
  • Frontage 25.4m
  • Council Brisbane City Council
  • Control Used -
  • Land Content -
  • Builder Wholesale -
  • Developer -
  • Builder Retail -
  • Developer Land only -
  • Builder Aggregator -
  • Conjunction Partner -
  • Acquisition Type -
  • Date Listed 27/02/2018
  • Property ID 964

Map

Recent Sales: City & North

Address Property Type Land Area Total Floor Area Sold Date Sale Price
Lot 54 Summit Street, Griffin, QLD, 4503  House  375 sqms  188.15 sqms  Not Provided  $491,000
88 Doggett Street, Newstead, QLD, 4006  Unit      Not Provided  $750,000
88 Doggett Street, Newstead, QLD, 4006  Unit      Not Provided  $508,000
10 Stratton Street, Newstead, QLD, 4006  Unit      Not Provided  $505,200
10 Stratton Street, Newstead, QLD, 4006  Unit      Not Provided  $675,200
37 Riverside Crescent, Joyner, QLD, 4500  House  438 sqms  206 sqms  Not Provided  $510,900
, Nudgee, QLD, 4014  Project      Not Provided  From $603,200
, Fitzgibbon, QLD, 4018  House  186 sqms  154.7 sqms  Not Provided  $437,000
Lot 45 Cotterel Crescent, Nudgee, QLD, 4014  House      Not Provided  $608,200
Lot 266 Celebration Crescent, Griffin, QLD, 4503  House  344 sqms  179 sqms  Not Provided  $450,000 - $500,000

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