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24, 26, 28 University Road, Mitchelton, QLD 4053

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    Development Opportunity:24, 26/28 University Road, Mitchelton QLD 4053

    This exclusive development opportunity consists of three contiguous blocks, each measuring 809 sqm, for a total site area of 2,427 sqm. Each block includes a house, making this an ideal investment for developers and investors seeking substantial land in a high-growth area.

    Key Selling Features:

    1. Large Development Site - Three blocks, each 809 sqm, with a total area of 2,427 sqm. Perfect for redevelopment, subdivision, or a large-scale residential project (STCA).

    2. Flexible Zoning - Zoned LMR3 (Low-Medium Density Residential, up to 3 storeys), allowing for multiple outcomes, such as townhouses, units, or housing lots.

    3. Existing Dwellings - Each block comes with a house, providing immediate holding income while development plans are underway.

    4. Prime Location - Close to Mitchelton Railway Station (200 m), Brookside Shopping Centre (500 m), local schools, and other key amenities.

    5. Tight Market Demand - Mitchelton is in high demand, with significant development occurring in the area, including DA-approved apartment buildings nearby.

    Key Factors of the Site:

    • Zoning: LMR3 (Low-Medium Density Residential, up to 3 storeys).

    • Land Size: Three blocks of 809 sqm each, totaling 2,427 sqm.

    • Frontage: Combined frontage of 41.8 m.

    • Development Potential: Neighboring properties are undergoing redevelopment, with approved DA projects for multi-unit developments.

    Transport Links:

    • Rail Lines: Several Ferny Grove and Brisbane City lines are within 0.3 km.

    • Bus Lines: Multiple routes to the city and surrounding suburbs are within 0.2 km, including the 361, 390, and Great Circle Line.

    Nearby Amenities:

    • Restaurants: Vietnamese Avachat Cafe - 0.1 km

    • Coffee: Des Alpes Cafe - 0.2 km

    • Bars: Brook Hotel - 0.7 km

    • Groceries: IGA X-Press Mitchelton - 0.2 km

    • Parks: Fenwick Park - 0.3 km

    • Schools: Mitchelton Preschooling Centre - 0.3 km

    • Shopping: A G Sportswear - 0.1 km

    • Entertainment: Kizznit Monument - 1.7 km

    • Errands: Chemmart Pharmacy - 0.1 km

    Nearby Schools:

    • Mitchelton State School - 0.4 km

    • Grovely State School - 1.7 km

    • Everton Park State School - 2.0 km

    • Enoggera State School - 2.2 km

    • Stafford Heights State School - 2.4 km

    • Pine Community School - 2.8 km

    • McDowall State School - 2.9 km

    • Ferny Hills State School - 3.0 km

    • Newmarket State School - 3.9 km

    • Ashgrove State School - 4.1 km

    • Patricks Road State School - 4.3 km

    • Stafford State School - 4.3 km

    Target Buyers:

    • Developers - A perfect site for multi-unit or townhouse development, offering ample space, zoning flexibility, and a prime location.

    • Investors - With immediate holding income from the existing houses and the potential for long-term capital growth, this site is a sound investment.

    This unique development opportunity should not be missed. "Three things that don't come back: the spent arrow, the spoken word, and the lost opportunity." How often do you find three contiguous sites for sale in such a prime location?

    For further information or to explore the potential, contact Becky at 0432 985 868.

    Disclaimer: While we have gathered this information from sources we deem reliable, we cannot guarantee its accuracy. Interested parties should conduct their own research to verify all details independently.

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    avatar Becky Barron
    Becky Barron
    Sales Agent

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    Property Info:
    • Property ID: L31247055
    • Property Type:Land
    • Land Area:2427 sqm
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