Situated at the heart of the ‘Narangba East’ LDA for future urban development and zoned as ‘Emerging Community’ land, this flat and centrally located 1.18ha property offers substantial future potential, underpinned by a flat block and 3-bedroom house (with existing rental income stream). An ideal land bank for the shrewd investor to leverage against future growth in this highly popular area close to the Bruce Highway corridor.
With development of the northern section of the Narangba East LDA already well under way and land at an increasing premium, now is the perfect time to consider a strategic acquisition. Position is ideal for capitalising on future activity, bordering one of the largest single land pockets in the entire area and only 200m to the (already redeveloped) Narangba Train Station (with fast services direct to Brisbane CBD), ensuring this immediate neighbourhood will be a focus of eventual high-density construction.
At present, a sealed driveway leads to the spacious main house, consisting of 3 bedrooms and 2 bathrooms with enclosed veranda and covered outdoor area. There is a detached utility room of approximately 88sqm and a 4-bay shed, all surrounded by a large rural style block.
Given location and zoning, the current owner has priced realistically to sell to an informed purchaser. Just 10 minutes from North Lakes and 5 minutes to the Bruce Highway in a rapidly expanding region, an opportunity not to be missed. Contact John Topping (Priority Residential) on 0407 145 983 or Terry Taplin (Ray White Narangba) on 0410 414 177 for further details.