Seize an unparalleled development opportunity in one of Brisbane's most sought-after growth corridors! This expansive 810sqm block at 235 Gympie Road, Kedron, comes with the coveted LMR2 Low-Medium Density Residential zoning and, crucially, boasts council-approved plans for five spacious 3-bedroom townhouses.
This is more than just land; it's a shovel-ready project poised for significant returns. Forget the lengthy and often complex council application process - the hard work has been done for you!
Key Selling Points:
• Prime Development Potential: With 810sqm and LMR2 zoning (allowing for 2 or 3 storey mix developments), this property is a rare find. The existing council approval for five 3-bedroom townhouses provides an immediate pathway to development and profit.
• Highly Desirable Kedron Location: Positioned directly on Gympie Road, this site offers exceptional exposure and easy access. Kedron is a thriving inner-northern suburb renowned for its family-friendly atmosphere, excellent schools (within Kedron State School and Kedron State High School catchments), and abundance of amenities.
• Unbeatable Connectivity: Enjoy seamless access to major arterial roads, including the Airport Link tunnel, Clem7, and Legacy Way, connecting you effortlessly across Brisbane. City-bound bus stops are within walking distance, offering convenient public transport options.
• Proximity to Amenities: Residents will benefit from being moments away from local shopping precincts like Lutwyche City and Chermside shopping centres, Kedron Brook bikeways and parks, and the Kedron Park Medical Centre.
• Future Growth & Olympic Upside: Brisbane's property market is set for sustained growth, significantly boosted by the upcoming 2032 Olympic Games. Investing in Kedron now, with its strong historical capital growth (median house prices are up 12.5% in the last 12 months for houses in Kedron), offers a secure investment in a city on the rise. Demand continues to outpace supply, with low vacancy rates, ensuring strong rental yields.
• Solid Foundations: The property currently features a well-built, high-set brick home with 4 bedrooms, providing potential rental income while you prepare for development. The site is free from flooding history, overland flow, demolition control, character control, and easements.
This is a golden opportunity for astute developers and investors to capitalize on Kedron's strong market and the pre-approved plans. Don't miss out on securing your stake in Brisbane's exciting future!
Auction on 19th July, If not sold prior!
Enquire today for more information and approved plans.
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