Descripción

JLL Land QLD is pleased to offer to the market Bridges & Hauton Road, Morayfield; a rare development opportunity of scale in one of Moreton Bay’s fastest growing suburbs.

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Atributos

Superficie bruta del terreno

6,1 ha

Media

Aspectos destacados de la inversión

Key features of the property include:

With approval imminent for a 98-lot subdivision, the incoming purchaser is granted near-term development potential and reduced planning risk.
The site is generally unconstrained, features level topography, availability of infrastructure and a significantly cleared developable footprint.
Strong market fundamentals with median house values nearing $1,000,000^ and consistent YoY growth of 17.4%^, as well as an affluent young family demographic, with high owner-occupier rates and household incomes relative to the state.
Easy access to the coastal lifestyle of Sunshine Coast (38km*) while maintaining convenient connectivity to Brisbane CBD (40km*), major retail centres (Morayfield Shopping Centre, 4km*), public transport (Burpengary Train Station 3km*), educational facilities, and recreational amenities.
Morayfield’s rapid population growth of 5%* per annum (more than double that of Moreton Bay and QLD) ensures sustained housing demand and allows for aggressive project revenue escalation. Significant current infrastructure investment caters for this growth and ultimately strengthens the basis for the region’s continued expansion.
With several successfully delivered residential estates in the immediate catchment (underpinned by sustained housing demand surplus) there is a clear depth of market of which the incoming purchaser can leverage.

Bridges and Hauton Road, Morayfield is being offered for sale via an Expressions of Interest campaign closing Wednesday 15 April at 4:00pm (AEST).

*Approximately

^Source: RP Data

Formal Address: 2-22 & 34 Bridges Road & 200-206 Hauton Road, Morayfield QLD 4506