Property Development

Developers Sought for Approved Townhouse Site

Written by The ReReport
As seen in the Source link, written by theurbandeveloper.com on 2019-02-20 12:35:57

Expressions of interest are being sought for a substantial approved townhouse site in the affluent area of Kenmore, at 128-132 Kenmore Road.

With a 3.19-hectare land area, the site has two existing dwellings, and is zoned as emerging community.

The site is marketed by Ray White Special Projects Queensland directors Andrew Burke and Matthew Fritzsche.

With approvals already in place the demand for townhouse sites in affluent areas like Kenmore were big positives for potential developers, Burke said.

“Potential buyers will love the fact the site already has the development approval for 65 townhouses.

“This planning certainty offers speed to market, and that’s everything in today’s market.

“Potential developers should note the lack of competing medium density developments in the area and that the location itself was a drawcard in itself.”