Mackenzie Development Site for Sale
A development site with a range of potential uses (STCA) at Mackenzie in Brisbane’s south-east is being offered for sale by Ray White Special Projects (Qld) in conjunction with LJ Hooker Commercial.
The approximately 1.54ha site at 581 and 587 Mount Petrie Road, Mackenzie, is being marketed via Expressions of Interest by Mark Creevey and Tony Williams of Ray White Special Projects (Qld) and Tony Hope and Ben Armstrong of LJ Hooker Commercial.
Mark Creevey said the size and location of the site only 12 km from the Brisbane CBD on the corner of Mt Gravatt-Capalaba Rd and Mt Petrie Rd presents a number of possible uses.
“The property is zoned Emerging Community under the current Brisbane City Planning Scheme,” he said.
“The size and location of the site presents a variety a possible uses including commercial, retail, service station, medium density residential, aged care or other alternatives.”
Tony Williams said features of the location include its proximity to the Gateway Motorway, Westfield Garden City and Carindale Shopping Centres.
“Mt Gravatt-Capalaba Rd is a major road corridor providing a link between the bayside suburbs of Redlands, Cleveland and Capalaba to Brisbane and Ipswich as evidenced by approximately 30,000 vehicle movements per day,” he said.
“The site is positioned directly opposite a 7 Eleven fuel outlet and is only 200m to Mt Petrie Primary School. Additionally the property is only 6km from Griffith University Nathan Campus, QE2 Sports Stadium and Hospital.”
Mr Hope said Mackenzie and surrounding suburbs are undergoing significant redevelopment at present.
“Projects such as Goodman’s Rochedale Motorway Estate, the future Rochedale Town Centre as well as the successful land releases in master-planned communities in Rochedale demonstrates the strong demand for residential product in the area,” he said.
Expressions of Interest close at 4pm on Tuesday, October 20, 2015.
In the dynamic and ever-evolving world of real estate investment, one key decision can make all the difference in the success of an investor’s portfolio: the choice of their management team.
A retail development site in the heart of Perth’s CBD has sold for $48 million. The 1,705sqm site at 96 and 110 William Street, and 255 Murray Street Mall was marketed by RWC WA agent Brett Wilkins.