122 Binnies Road

Ripley QLD 4306

- Part of the urban core west major centre in Ripley Master Plan potential for 2 supermarkets and 1 department store + residential.- Total 66 acres with potentially 54 Acres usable, mixed for the shopping centre, service station, medical centre and childcare centre, etc, surrounded by low to medium-density residential for TOD development + extra income from future railway corridor resumption.- Let alone for the town house, based on 6-7 lots per acre, the yield will be 324-378 lots if pure residential or much more if incorporating some of the freehold terrance homes or 50+ independent living, subject to council approval- Proposed plan for 12,990m2 retail/commercial and 392 dwellings of over 50's independent living, townhouses and units, or change to normal land subdivision for house and land packages.- Potentially $300M - $400M in completion value.- Potentially accommodating 120,000 people in the whole Ripley, with easy access to Brisbane through the direct link of Centenary Highway & the Railway.- Proposed Ripley Railways Station right on the boundary (Current Station at Springfield already) with a state school opened across the road already- The surrounding land across the road is already in the process of being developed now - Coles already opened at Ripley Town Centre.- There are also 3 brick homes on them for short-term holding income.- Around 35 minutes to Brisbane CBD through Centenary HWY, it's a gold mine & once off Brisbane West major development opportunity.- There are 3 Major Town Centres in Ripley: Sekisui House bought the Central Town Centre for $190M a decade ago, Stockland bought the Urban Core East for $195M 3 years ago, so this Urban Core West is the last chance for a relatively small price- Limited-time offering only until the owner's Kooralbyn resort is soldAddress: 84, 114 & 122 Binnies rd RipleyPrice: Offers from $10m for 1 of the 3 lotsInspect: By appointmentContact: Peter Huang 0418 888 889, Peter.huang@yong.com.au (agent welcome)