Expressions of interest for approved Kenmore site

EXPRESSIONS of interest are being sought for a substantial approved townhouse site in the affluent area of Kenmore, at 128-132 Kenmore Road.

With a 3.19ha* land area, the site has two existing dwellings, and is zoned as Emerging Community.

The site is marketed by Ray White Special Projects Queensland directors Andrew Burke and Matthew Fritzsche.

Mr Burke said having approvals already in place and the demand for townhouse sites in affluent areas like Kenmore were real positives.

“Potential buyers will love the fact the site already has the development approval for 65 townhouses. This planning certainty offers speed to market, and that’s everything in today’s market,” he said.

“Potential developers should note the lack of competing medium density developments in the area, and that the location itself is a real drawcard.”

Mr Fritzsche said despite its bushland setting, the asset was in close proximity to a wide variety of local amenity, including schools, public transport and local shopping.

“Here you get the best of both worlds with peace and tranquility, but having the connectivity of the Centenary Highway a stone’s throw away,” he said.

“Not only that, but the asset is only 9km* south-west of Brisbane CBD, with the site only an eight minute* drive to Indooroopilly shopping centre.”

Expressions of interest close on Thursday 21 March 2019 at 4pm.

*Approximately.