Approved Development Site - Partnership Split

Property ID 1665353

Offers above $1.28million ($40,000 per unit)

- DA for 32 units (mixture of 1, 2 and 3 bedroom apartments)
- 7km* east of the Brisbane CBD^
- Total land area: 1,214m*
- 2 adjoining houses offering potential holding income
- Walking distance to train & bus stations
- 200m* from Cannon Hill Plaza Shopping Centre and in close proximity to Westfield Carindale
- Easy access to the Gateway Arterial

Offers to Purchase
Closing Wednesday 21 June 2017 4pm

Matthew Fritzsche 0410 435 891
Tony Williams 0411 822 544

*approximately
**This property is being sold by Offers to Purchase therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Ray White Special Projects (Queensland) has pleasure in offering for sale the approved development site situated at 19 & 21 Oliphant Street, Murarrie Qld 4172.

This strategic site comprises two adjoining houses over 1,214m²*, with the opportunity to take advantage of current approvals and develop immediately or hold and benefit from potential rental income with the approvals current to June 2019.

Features include:

  • DA for 32 units (mixture of 1, 2 and 3 bedroom apartments)
  • 7km* east of the Brisbane CBD^
  • Total land area: 1,214m²*
  • 2 adjoining houses offering potential holding income
  • Walking distance to train & bus stations
  • 200m* from Cannon Hill Plaza Shopping Centre and in close proximity to Westfield Carindale
  • Easy access to the Gateway Arterial

*approximately

Executive Summary and Sales Details

Address

19 and 21 Oliphant Street Murarrie, QLD, 4172

Land Area

1,214m²*

Method of Sale

The property is being offered for sale by Offers to Purchase closing Wednesday, 21 June 2017 at 4pm.

The sellers retain the right (in their absolute discretion) to:

  • Decline to consider and/or accept any offer to purchase lodged in response to this invitation;
  • Negotiate directly with any party who has lodged an offer to purchase at any stage;
  • Accept or decline a non-conforming offer to purchase at any stage of the sale process;
  • Enter into any agreement for sale of the property on such terms as are acceptable to the Seller in the Seller’s absolute discretion;
  • Accept an offer to purchase before the closing date without notification;
  • Change this invitation;
  • Require additional information from a party who has lodged an offer to purchase;
  • Reject all or any offers to purchase at any time for any reason; and
  • Withdraw the property from sale

If the OTP is to be submitted by hard copy it is to be enclosed within a sealed envelope marked clearly with:

OTP for 19 and 21 Oliphant Street Murarrie, QLD, 4172
C/- Ray White Special Projects Qld
Level 26, 111 Eagle Street, Brisbane Qld 4000

If the OTP are to be submitted electronically, details for submission are as follows:

C/- Ray White Special Projects (QLD)
Facsimile: (07) 3832 4777
E-mail: matthew.f@raywhite.com

* approximately
^Radial kilometres
^ Important: Prospective purchasers conduct due diligence investigations of the property strictly at their own expense and risk, and the vendor will have no liability in relation to such expenses. Consent by the vendor to the conduct by any potential purchaser of due diligence activities or investigation will not in any circumstance be construed as a representation that the vendor will be exercising, or refraining from exercising its rights to deal with the property, or any representation that the vendor intends to contract with that potential buyer, or at all.

Murarrie is an established residential locality, which forms part of Brisbane’s sought after “Middle Ring” and is located approximately 7 kilometres east of the Brisbane CBD.

The subject is situated within a 15* minute drive from the Brisbane CBD, and is well serviced by a wide range of public and private infrastructure including:

  • Cannon Hill Kmart Plaza;
  • Westfield Carindale Shopping Centre;
  • Murarrie Primary School;
  • Cannon Hill Primary School;
  • Cannon Hill Anglican College;
  • Bus Services; &
  • Train services (Murarrie train station)

The subject is also situated in close proximity to “East Village” which is a 5.75ha* master planned urban village being developed by the Anthony John Group which upon completion will feature:

  • A vibrant shopping, dining and entertainment boulevard;
  • Commercial offices;
  • Contemporary townhouses; &
  • Stylish apartments

Stages 1 & 2 of “East Village” have been completed with the third residential stage “Central Park” set to be released in 2017, which will be completed alongside the much anticipated High Street retail precinct which will see the introduction of boutique retail and dining options as well as Cannon’s Hill’s first cinema.

The remaining stages of “East Village” will comprise retail, gym, medical centre plus commercial office space and hotel accommodation.

Surrounding development within the immediate locality predominantly comprises detached residential dwellings, with some medium density apartment complexes intermixed throughout.

*approximately

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Property Details

Annexures

Offer to Purchase Form

Information Memorandum (full PDF)

The information and figures contained in this report have been provided to us by the following sources. The Parties (as defined in the Disclaimer) have not independently checked any of the information. The Parties make no comment on and give no warranty as to the accuracy of the information contained in this report which does not constitute all or any part of any offer or contract. Prospective purchasers must rely on their own enquiries. Zoning and land areas details are as provided by PDS Live and Local Municipal Councils and are subject to confirmation.

PageContentSource
Page 5Property OverviewBrisbane City Council / RPData
Page 6Approval OverviewBrisbane City Council
Page 7Town PlanningBrisbane City Council
Page 8Neighbourhood PlanBrisbane City Council
Page 10Location FeaturesGoogle
Page 11Location MapsGoogle / Whereis.com.au
Annexure APhotographyAerial Hotshots
Annexure BOffers to Purchase FormRay White
Annexure CTitle SearchDepartment of Natural Resources and Mines
Annexure DSurvey PlanDepartment of Natural Resources and Mines
Annexure ESmart MapDepartment of Natural Resources and Mines
Annexure FDecision NoticeBrisbane City Council
Annexure GApproval ConditionsBrisbane City Council
Annexure HApproved PlansHayes Anderson Lynch Architects Pty Ltd
Annexure IInfrastructure Charges NoticeBrisbane City Council
Annexure JApproved Landscape Concept PlanMcLeod Byrns Lardner
Annexure KApproved Noise Assessment ReportSound Matters TTM
Annexure LApproved Stormwater ArrangementNorris Clarke & O’Brien Pty Ltd

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19 and 21 Oliphant Street Murarrie QLD 4172 AUS
-27.469309 153.099507