OFF MARKET

10 Lukin Terrace
Baringa QLD 4551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7885m2
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Property Details for 10 Lukin Tce, Baringa

Building Type
Land
Land Size
7885m2
Local Government
Sunshine Coast Regional
Lot/Plan
8002/SP314150

Last Listing description (August 2023)

Colliers & CBRE present the exclusive first opportunity to secure a Medium Density residential development site within Aura, Stockland's flagship Sunshine Coast Master Planned community.

Positioned on a corner site across from the Baringa State School and Stockland Baringa Shopping Centre, Lot 8002 Baringa Drive is level with services to the boundary and has multiple street frontages. The site benefits from an existing MCU approval for 46 x 2 & 3 bedroom dwellings, however offers the opportunity for buyers to seek a revised approval via Economic Development Queensland (EDQ).

Located at the southern end of Queensland's beautiful Sunshine Coast, Aura is Australia's largest Master Planned community and is already home to more than 10,000* people. Upon completion residents will have access to schools, shopping centres, professional services, cinemas, entertainment & leisure facilities, parklands and outstanding community & cultural facilities.

Key Features of the property include:
- Land area 7,885sqm*
- MCU approval for 46 x 2 & 3 bed townhouses & units
- Zoned 'Multiple Residential' with a minimum yield of 28 dwellings*
- 5 storey* allowable height limit
- Flexible approval process via EDQ with potential to amend existing approval
- Fully serviced level site opposite Baringa State School & Stockland's Baringa Shopping Centre
- Significantly discounted Infrastructure Charges ($8,789.31/dwelling* based on FY 23/24 rates)
- Part of a Stockland Master Planned community that will deliver major retail, medical, educational & leisure facilities for all residents
- Short drive to the Sunshine Coast Health Precinct

Lot 8002 Baringa Drive represents an outstanding opportunity to purchase a significant Medium Density residential development site within Stockland's Aura Master Planned community. Interested parties are strongly encouraged to contact the exclusive marketing agents below.

For Sale - by Expressions of Interest closing Thursday 14 September 2023 at 4pm

For more information, please contact joint exclusive marketing agents Baydn Dodds & Nick Dowling of Colliers or Louisa Blennerhassett or Rem Rafter of CBRE

* Approximately

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Property History for 10 Lukin Tce, Baringa, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$3,995,844
23 Oct 2023
  • 23 Oct 2023
    Sold for $3,995,844
  • 14 Aug 2023
    Listed for Sale Expressions of Interest closing 4pm Thurs 14 Sept

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About Baringa 4551

The population of Baringa in 2011 was 319 people. By 2016 the population was 94 showing a population decline of 70.5% in the area during that time. The predominant age group in Baringa is 50-59 years. Households in Baringa are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Baringa work in a managers occupation. In 2011, 63.7% of the homes in Baringa were owner-occupied compared with 71% in 2016.

Baringa has 2,209 properties. Over the last 5 years, Houses in Baringa have seen a 72.65% increase in median value, while Units have seen a 91.48% increase. As at 30 September 2024:

  • The median value for Houses in Baringa is $848,780 while the median value for Units is $844,600.
  • Houses have a median rent of $680 while Units have a median rent of $635.
There are currently 22 properties listed for sale, and 27 properties listed for rent in Baringa on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Baringa.

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