Case Studies

39 Cloverdale Road, Doolandella

The sale is an approved residential development site, situated in Brisbane’s southern growth corridor.

The property comprises a 1.019ha regular shaped inside allotment, situated at road height having a generally level contour, with a southerly aspect.

The property is zoned “Emerging Community”, and has approval for a residential development comprising 38 x 3 bedroom townhouses and a single freehold lot of 529m².

Doolandella is located approximately 18 kilometres south west of the Brisbane CBD, within Brisbane’s southern growth corridor, which is earmarked for substantial future growth.

The locality benefits from close proximity to community infrastructure and a wide range of amenities including Forest Lake Village Shopping Centre, primary and secondary schooling options, and a number of child care centres.

The property was offered to market via a six (6) week Expressions of Interest Campaign, which closed on Wednesday 23 March 2016.

At the completion of the campaign, 74 enquiries had been received, and a total of 6 offers to purchase were put forward.

Sales Analysis*
Vendor:Private Local Developer
Method of sale:Expressions of Interest
Marketing timeframe:6 weeks
Total enquiries:74
Total offers received:6
Sale date:04/16
Sale price:$1,700,000
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