Prime Development Opportunity - DA Approved for 115 Residential Lots
Overview:
Seize this exceptional development opportunity in the heart of Ipswich, Queensland. This expansive 8.08-hectare site comes with a Development Application (DA) approval for 115 residential lots, making it a prime investment for developers looking to capitalize on the growing demand for housing in the area.
Key Features:
• Land Area: Approximately 8.08 hectares (20 acres)
• Development Approval: DA approved for 115 residential lots, ensuring a streamlined development process
• Local Authority: Located within the jurisdiction of Ipswich City Council, known for its supportive development environment
Location Highlights:
Proximity to Major Hubs:
• 35 km south-west of Brisbane CBD, offering easy access to the state capital
• Only 6 km from Ipswich CBD, providing close proximity to local amenities and services
• 17 km from Springfield Central, a major regional center with extensive shopping, dining, and entertainment options
Transport Links:
• Just a 7-minute drive to Bundamba Train Station, facilitating convenient commutes to Brisbane and surrounding areas
Nearby Amenities:
• Close to a Costco supermarket, offering convenient access to wholesale shopping and a variety of goods and services
• Only a 2-minute drive from TAFE Queensland Ipswich Campus, providing excellent educational opportunities and resources
• Bundamba State Secondary College is approximately 2.8 kilometres by road to the south
• USQ Ipswich campus is approximately 8.1 kilometres by road to the south west.
Recreation:
Proximity to parks, recreational facilities, and nature reserves, promoting a healthy and active lifestyle
Investment Potential:
With its strategic location, substantial land area, and pre-approved development plan, this site offers a lucrative opportunity for developers. The ongoing growth and development within Ipswich and its surrounding regions underscore the potential for a high return on investment.
Disclaimer:
The information has been prepared by The Urban Land Queensland solely for the purpose of your evaluation of a potential purchase of the property described within, and is not to be used for any other purpose or made available to any other party, except to your staff and advisors as required for that purpose, without the vendor's prior written consent.
The information is based on information provided by the vendor and obtained from other available sources and has not been independently verified. It does not contain all the information necessary to evaluate the purchase of the property. Any financial projections contained here represent estimations only and may be based on assumptions that may be inaccurate, and are therefore for general reference only.
While care has been taken in preparing this information, you should not rely on any material contained here as a statement or representation of fact. The Urban Land Queensland Pty Ltd and its staff does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of the information contained within.
The Urban Land Queensland accepts no liability for any loss or damage (whether caused by negligence or not) resulting from the use of this information.
You should satisfy yourself as to the correctness of any relevant information by such independent investigations and due diligence as you see fit. The Vendor does not intend to be bound by any transaction until a contract in a satisfactory form is executed by the parties. All renderings & maps shown are for illustration purposes only.
The size of Bundamba is approximately 11 square kilometres. It has 16 parks covering nearly 6.8% of total area. The population of Bundamba in 2011 was 5,402 people. By 2016 the population was 6,503 showing a population growth of 20.4% in the area during that time. The predominant age group in Bundamba is 20-29 years. Households in Bundamba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundamba work in a labourer occupation. In 2011, 62.7% of the homes in Bundamba were owner-occupied compared with 53.3% in 2016.
Bundamba has 3,335 properties. Over the last 5 years, Houses in Bundamba have seen a 98.55% increase in median value, while Units have seen a 63.50% increase. As at 31 August 2024:
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