SOLD for $3,700,000 - Approved 72 Townhouse Development Site

SOLD for $3,700,000 - Approved 72 Townhouse Development Site

Ray White Special Projects (Qld) is proud to announce the sale of 31-35 Brentford Rd, Richlands, an approved residential development site situated within Brisbane’s southern growth corridor. 

The sale comprises two adjoining properties, which form a 1.56ha parcel with approval for 72 townhouses to be completed over 3 stages and consisting of 63 x 3 bedroom & 9 x 4 bedroom townhouses. 

Richlands is located approximately 25 minutes south of the Brisbane CBD, within Brisbane’s southern growth corridor which is earmarked for substantial future growth. 

The locality is well serviced by a wide range of public and private infrastructure, with the sale being located in close proximity to the Richlands Woolworths supermarket, Railway Station and Bus Interchange.

The property was sold under the hammer to a local developer, after a six (6) week marketing campaign, which generated 81 enquiries and 13 registered bidders at auction. 

The achieved deal is considered to underline the high demand for residential development sites within South East Queensland. 

For further information please contact Matthew Fritzsche on 0410 435 891. 

Eric Trieu

HoldenCAPITAL. Commercial Broker in Australia

8 年

Well done mate. Thats cheap at 51k a box!

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