Description

JLL Land QLD is pleased to exclusively offer to the market 17-25 Blewers Road, Morayfield; a plug and play development site in one of South East Queensland’s fastest growing suburbs.

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Attributes

Land area gross

40,020 m²

Media

Investment Highlights

Key features of the property include:

Approved for a 64-lot subdivision, flexible planning parameters, availability/proximity to infrastructure, and a significantly cleared developable footprint, granting the incoming purchaser immediate development potential.
Strong market fundamentals with median house values nearing $1 million^ and consistent YoY growth of 17.4%, as well as a favourable young family demographic, with high property ownership rates (73%) and median household incomes ($101,452 p.a.).
Rapid population growth of 5%* per annum (more than double that of Moreton Bay and QLD) ensures sustained housing demand and bolsters aggressive project revenue escalation. Significant current/upcoming infrastructure investment services this growth and strengthens the basis for continued expansion (including a proposed future train station within walking distance).
Easy access to the coastal lifestyle of Sunshine Coast (38km*) while maintaining convenient connectivity to Brisbane CBD (40km*), Burpengary Train Station (2km*), major new retail centres, educational facilities, recreational amenities and public.
Built on a foundation of the area's sustained (and growing) housing demand surplus, there is a clear depth of market of which the incoming purchaser can leverage.
Brand new retail amenity: recently completed Burpengary Station Village, the upcoming Burpengary East Shopping Centre, the redevelopment of Burpengary Plaza and the continued expansion of Morayfield Shopping Centre.

17-25 Blewers Road, Morayfield is being offered for sale via an Expressions of Interest campaign closing Wednesday 22 April at 4:00pm (AEST).

*Approximately

^Source: RP Data