Approved Brisbane ‘infill’ land offering hits the market

Developers and retirement groups have an incredible opportunity to purchase an approved Brisbane ‘infill’ land offering as 141 Fursden Road in Carina hits the market.

The 1.36ha* development site is zoned Community Facilities (Health Care Purpose) Zone and is being offered via expressions of interest campaign.

The property is being marketed and sold by Mark Creevey, Tony Williams, and Andrew Burke of Ray White Special Projects Qld.

“Land parcels like these with any sort of approval already in place are highly sought-after throughout Queensland and we’re anticipating a lot of interest in this one,” Mr Creevey said.

“Not only does the site have DA approval for a 164-unit and services retirement facility, but there are also alternate development options including townhouses, land subdivision and childcare centre, subject to council approval.”

“Buyers will appreciate this is a rare development opportunity in Brisbane’s ‘middle ring’ that’s just 10km* from the CBD,” Mr Williams said.

“The site is considered a highly suitable location for retirement facilities and residential care facilities given the asset is within convenient walking distance to high-frequency transport options, parklands, and community/sporting facilities including the Carina Leagues Club.”

“Nearby to high-quality developments such as Minnippi by Urbex and more recently Minnippi Parklands by Frasers, and being surrounded by neighbouring suburbs of Camp Hill and Carindale, the Carina area is thriving and has experienced strong growth over the last few years,” Mr Burke said.

“The site is directly adjacent to Brisbane State High sporting fields and opposite the future Cannon Hill Community Golf Course, which is due for construction commencement in 2020.”

*Approximately.