A near level vacant 3,003m2* site located in Mansfield 13km* Southeast of Brisbane CBD. Designated Low Density Residential, and situated in a prominent corner location with long street frontage, close to schools, TAFE, shopping, transport, playing fields & park. It also benefits from easy access to the Logan Road, Creek Road and Gateway Motorway.
Strong interest was received from the marketing campaign with upward of 50 enquiries. There was a wide variety of interest generated predominantly from the greater Brisbane region with some interest from the Gold and Sunshine Coasts. The enquiry profile was smaller to medium sized developers / builders or syndicates. The bulk of the interested parties were looking at the property as a subdivision opportunity which should yield between 6 and 8 lots.
Other alternatives for the site included medium density however no absolute GFA or yield had been provided.
Some groups who initially considered a townhouse use had determined that it was not viable as the lack of depth on the site did not allow sufficient room to cater for a design with the ability to have two rows of townhouses.
|Method of Sale:||Expressions of Interest|
|Marketing Timeframe:||6 Weeks|
|Vendor:||The State of Queensland (represented by Department of Housing and Public Works Formerly Department of Communities)|
|Sale Date:||July 2013|
|Total Offers Received:||13|