52 Thornton StreetRaceview QLD 4305
Property Details for 52 Thornton St, Raceview
52 Thornton St, Raceview is a 0 bedroom, 0 bathroom House and was built in 2023. The property has a land size of 40460m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (September 2024)
4 Hectares | Prime Location | Development Approval in Process - Act Now!
Seeking Serious Offers! Buy As Is or Subject to DA
Property Highlights:
- Development Approval (DA) Applied for 38+ Lots
Key Features:
Location: Situated in the highly sought-after Raceview area, this property offers close proximity to Ipswich City Centre and numerous surrounding amenities.
Development Potential: The current owners are nearing approval for a 38-lot subdivision. All relevant documents and preliminary work are available.
Adjacent Amenities: Located next to a major retail commercial hub featuring McDonald's, Caltex, childcare facilities, a swimming school, and a drive-through restaurant.
Zoning: Surrounding parcels are zoned for medium density, making it ideal for townhouse development.
Potential for Specialised Uses: Suitable for disability living, subject to Council and Ministerial Infrastructure Designation (MID).
Transport: Close to public transport options.
Recreational and Entertainment Facilities: Near Riverlink Shopping Centre, Coles Ipswich, and Ipswich Hospital.
Council Infrastructure Charges: Benefit from low council infrastructure charges, with land allocated for parks on this development site.
Development Opportunities
Previous Applications: The current owners previously filed for a 46-lot subdivision and another concept plan for 48 lots. These plans and discussions with the council are available for review.
Flexibility: New buyers can choose to proceed with the current DA for 38 lots, or opt for the previously discussed 46 or 48 lot plans. Additionally, there is potential to explore townhouse development, as seen in nearby projects.
Act Now! This is an opportunity not to be missed! Secure your investment in one of Ipswich's prime development sites today. For more details, contact Umair Khan at 0400 444 786.
Disclaimer
All provided information is reliable, though not guaranteed. We advise prospective buyers to conduct thorough research and due diligence.
Property History for 52 Thornton St, Raceview, QLD 4305
- 25 May 2024Listed for Sale Contact Agent
- 28 Jan 2022Listed for Sale Offer Above $4Million
- 25 Jan 2021Sold for $1,500,001
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About Raceview 4305
The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.
Raceview has 4,456 properties. Over the last 5 years, Houses in Raceview have seen a 97.18% increase in median value, while Units have seen a 79.71% increase. As at 30 September 2024:
- The median value for Houses in Raceview is $664,887 while the median value for Units is $372,388.
- Houses have a median rent of $530 while Units have a median rent of $440.
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