EXPRESSIONS of interest are being sought for the purchase of an architecturally designed townhouse development site with approvals at 1-19 McEwan Street
in Ipswich’s Riverview.
Known as the “McEwan”, the development site offers 2.49ha* in total land area, and is an ‘island site’ with no adjoining neighbours and three street frontages.
The asset is being marketed and sold by Ray White Special Projects Queensland Executive Directors Tony Williams and Mark Creevey.
Mr Williams said the location of the site along with the significant benefits derived through infrastructure credits would be real drawcards for developers.
“Land parcels with development approvals in place are highly sought-after and this particular opportunity offers 115 townhouses, 257sq m* retail and four apartments,” he said.
“The townhomes have been architecturally designed and come with strong building design efficiencies and green space dedication.
“Buyers will be particularly attracted to the $656,584 that’s available in infrastructure credits from Ipswich City Council and QUU applicable to the development of the site.”