57 Elizabeth Street,
Acacia Ridge Queensland 4110

Price: Offers Over $575,000 each

1,584m2 LMR2 ZONED LAND

BUY TOGETHER OR SEPERATE
Warren Team exclusively presents this outstanding Investment and Development opportunity. Sitting on 1,584m2 of land in Acacia Ridge, this property comes with a multitude of options to get the maximum return on your money.

DEVELOPMENT POTENTIAL
- 1,584m2 of Land over 2 Properties
- Can be sold separately (792m2 site)
- Low-Med Density, up to 2 Stories
- Subdivide into Single Lot Houses (Subject to Council Approval STCA)
- Build Townhouses (STCA)
- Build Units (STCA)

HOME FEATURES
- Existing 4 Bedroom Home on site (Demolish-able)
- 2 Separate Living Spaces
- 2 Bathrooms
- 2 Car Garage with ample storage
- Outdoor Shed
- Split-System Air conditioning

ACACIA RIDGE
Acacia Ridge is an ever-growing suburb with limitless potential. We're seeing a large amount of change in the area just in the last 10 years. Many city working professionals are choosing Acacia Ridge and surrounds as the place to live.

With many convenient amenities plus easy access to the city makes the area highly sought after for young families. Developers are taking note of this as well. We've seen great amounts of land bought and converted into high-end units blocks in the council's zones that allow 2-3 stories.

NEARBY LAND SALES
8 Limerick St - 809m2 - $600,000
15 Marnham St - 658m2 - $475,000
26 Chardean St - 1,123m2 - $775,000
1 Emily St - 749m2 - $526,000

NEARBY DEVELOPMENTS
15 Marnham St - 658m2 - 5 Townhouses
48 Marnham St - 658m2 - 2 House Lots
51 Elizabeth St - 825m2 - 6 Units
38 Elizabeth St - 825m2 - 5 Townhouses
4 Ebury St - 1,356m2 - 7 Townhouses

CURRENT PRODUCT VALUES
3 Bed Townhouse - $380,000
2 Bed Unit - $345,000

LOCATION FEATURES
12.4kms | BRISBANE CBD
100m | Acacia Ridge Kindergarten
200m | Acacia Ridge Community Hall
250m | Acacia Ridge Shopping Mall
600m | Tafe Queensland
1.2km | Acacia Ridge State School
1.7km | Archerfield Airport
4.0km | Sunnybank Plaza
4.8km | Griffith University

Please contact Adam on 0437 669 426 to express your interest.

Need help with your Development Research?
Being a QLD Registered Architect, Warren and his team can also assist the buyers by pointing them in the right direction for preliminary Architectural, feasibility and planning advice. We are also able to assist buyers with consultants who are able to provide researched feedback to help you get your next project started.

With the Brisbane City council encouraging development in this area, the project developers can start planning and receive a development approval in a reasonable time frame. Once your DA application is approved by the council, the townhouses can go to market almost immediately for off-the-plan sales.

Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.

Property Details

Price
Offers Over $575,000 each
Address
Elizabeth Street
Suburb
ACACIA RIDGE
Postcode
4110
Property Type
Land Size
792 m2
Property ID
20696992
Other Features
None,None