The property was acquired by Orchard Property Group, a well respected residential developer with a proven track record of delivering quality communities across South East Queensland. This strategic acquisition strengthens Orchard’s presence in the rapidly expanding Waraba Priority Development Area and aligns with their commitment to delivering thoughtfully designed residential projects in areas of strong population growth.
Orchard Property Group has lodged a development application for a 124-lot residential subdivision at the Bells Lane site, adding to their growing pipeline of projects in the Waraba catchment. The group is currently delivering the successful ‘Aire’ and ‘Aire Riverside’ in Lilywood, both of which have attracted strong buyer demand.
“This acquisition highlights the continued demand from developers for well-located, developable land within major growth corridors,” said Matthew Fritzsche, director of Ray White Special Projects QLD.
“We are seeing sustained interest from buyer groups seeking to secure opportunities in the face of limited land supply and ongoing population growth across the Moreton Bay Region.”
The sale of 75 Bells Lane follows the landmark transaction of the adjoining 178-hectare parcel at 100 Stern Road, Bellmere brokered by Ray White Special Projects QLD, which recently sold for $50,000,000 to CFMG. Together, these transactions reflect a significant level of developer confidence in the future growth of Bellmere and the Waraba PDA.
Situated in one of South East Queensland’s most dynamic growth corridors, Bellmere is set to benefit from substantial infrastructure investment, employment opportunities and a rapidly expanding residential population.
These factors continue to underpin demand for developable land and reinforce the Moreton Bay Region’s position as one of Queensland’s most sought-after development markets.
