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Rare opportunity for multi-purpose development in Thornlands

EXPRESSIONS of interest are being sought for a 31-hectare* approved development site, incorporating a park residential subdivision as well as retirement and neighbourhood centre components at 157-197 Woodlands Drive, Thornlands.

Positioned in a rural setting of the fast-developing Bayside suburb of Thornlands, the large site is only 10km* south of the Cleveland CBD, and provided a rare opportunity for a buyer to deliver a premium acreage land estate.

Ray White Special Projects Queensland Mark Creevey said the Woodlands Drive property offered a favourable point of difference to others on the market.

“Buyers have the opportunity to deliver a prestige park residential development, capitalizing on the demand for larger lifestyle lots, with new opportunities for larger lots heavily undersupplied in the Bayside area,” Mr Creevey said.

“The land carries development approval incorporating three land-use components. These include a park residential subdivision of 38 lots ranging from 6,000sq m. to 10,200sq m. as well as a 3.67 hectare retirement site and a 1-hectare neighbourhood centre component.”

Ray White Special Projects Tony Williams said the Thornlands area was now a desired commodity and its location offered a real drawcard for buyers.

“The Thornlands area has experienced strong growth and transformation in recent years with the emergence of land estates delivering traditional lots as well as small lot subdivision and townhouse development,” Mr Williams said.

“To complement that, the Victoria Point shopping precinct is a short three-minute drive away and Sheldon College is a mere 600m* from the site.”

Expressions of interest close at 4pm on Wednesday 17 October 2018.

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