Have you been searching for a large parcel of land in a prime area with excellent potential and yield? Now is your opportunity!
Boasting 57m of frontage on Learoyd Rd, this gently sloping block offers the significant advantage of being adjacent to a new estate (Paradise Lakes Estate by UNILAND) comprising 37 blocks at the rear (with more on the way). This new estate has set record prices, which sets a precedent for this new development and potentially even higher $/sqm rates.
A renowned local town planning company has been engaged, and much of the preliminary groundwork has been carried out, saving you both time and money. Whether you're aiming to buy and hold for future development or wish to begin developing immediately, this block promises a secure return on investment.
The town planner has assembled a realistic proposal which adheres to current guidelines and regulations. We possess all relevant overlay maps, including those highlighting fire zones, koala habitats, areas of ecological significance, bio basins, parklands, and other easements and standard setbacks.
Beyond its development potential, this property presents alternative opportunities such as an equestrian centre, horse agistment, hobby farm, small/home business, religious centre, or even commercial ventures - all subject to Council Approval.
The owners are eager to sell and are willing to rent back the house and land for a minimum of 12 months, affording you time for further due diligence.
For prospective buyers looking to land bank and utilise the property in the interim, the possibilities are ample. The site also hosts a very liveable and rentable dwelling: a 5 bed, 1 bath, 1 car low-set wood home.
For a comprehensive information memorandum supplied by the town planner, please don't hesitate to call, text, or email me.
Large plots like this are increasingly rare and on Learoyd Rd, this site is a unique find.
Take a wise step and secure this lucrative block today. We're eager to collaborate with you throughout the development process and assist in selling all the blocks once completed.
All information 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.
K & Q Investments Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 56 794 753 139/ 21 107 068 020
The size of Willawong is approximately 8.4 square kilometres. It has 10 parks covering nearly 5% of total area. The population of Willawong in 2011 was 193 people. By 2016 the population was 186 showing a population decline of 3.6% in the area during that time. The predominant age group in Willawong is 50-59 years. Households in Willawong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Willawong work in a professional occupation. In 2011, 70.4% of the homes in Willawong were owner-occupied compared with 63.2% in 2016.
Willawong has 387 properties. Over the last 5 years, Houses in Willawong have seen a 64.08% increase in median value. As at 31 July 2024:
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