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A 1.08 Hectare* property located within 19km* south of Brisbane CBD. The site is designated Emerging Community with two street frontages.

Enquiry generated from the marketing campaign was strong with 34 enquiries received. The vast majority of the interest was from the development sector looking at townhouse or land subdivision development schemes.

Groups were particularly attracted to the location of the site, being well positioned to local amenity including shops, schools and transport.

Market feedback indicated that demand in the area had started to strengthen after the relatively soft market conditions in 2011 through to 2013 although prices had yet to gain any genuine momentum.

 

Sales Analysis*
Method of Sale:Expressions of Interest
Marketing Time Frame:6 weeks
Sale Date:April 2014
Total Enquiries:37
Marketing Budget:$3,350
Total Realisation:$1,600,000

 

*approx