28 Thomas Street, Narangba, QLD 4504

Price: $1,510,000

Rare Property For Development

Development site on 6,267m2 block near Narangba Railway Station

Located a short stroll from the Narangba Railway Station and Narangba Shopping Centre. This precinct has been earmarked for a major upgrade to act as a vibrant local hub. The property has been recently rezoned for a minimum density of 45 dwellings/hectare (min) and building height of 8.5m (min).The property provides an exciting development opportunity for:
• Aged care about 140 units
• Residential units about 45
• Subdivision
• Child care
• Commercial / industrial
• Rectangular block with a very slight grade
• Abutting a bush park at one end and with easy corner access to street at the other end.
• Four sewerage pits around property boundary.
• Water, power, telephone services in place.
• Existing large 2 level house, 5 b/r, study, lounge, family, pool, 3 LUG, large shed, etc.
Development has commenced next door and a new retaining wall and fence constructed along full length of western boundary.
Moreton Bay Regional Council wants this area developed as a priority due to availability of services and proximity to Narangba Railway Station. Preliminary meeting with MBRC very supportive.
Interactive overlay maps available from MBRC website to assist planning

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