Rush to Rochedale: SEQ’s most strategic development site up for grabs

BUYERS have a rare opportunity to purchase a zoned land holding located in Rochedale, one of Brisbane’s most affluent communities, as expressions of interests are sought for 345 Miles Platting Road, Rochedale.

The rapidly growing suburb is one of Brisbane’s 2018 star performers with a median house price of $954,000 as at August 2018.

With just over a hectare of land available, a large variety of employment generating uses are possible. From office, healthcare, technology and service station, through to aged care facilities or food and drink outlets, the opportunities are extremely generous.

Ray White Special Projects Queensland Executive Director Mark Creevey said this was a unique opportunity.

“Buyers have the chance to purchase a large commercially zoned land holding at the crossover of Queensland’s two busiest motorways, the M1 and the Gateway Motorway, and it’s only a 12-minute drive to Brisbane CBD,” Mr Creevey said.

“Location and access are genuine selling points here. Directly opposite the site is the new Rochedale Town Centre, including Coles and specialty stores, currently under construction and due to open mid-2019.”

Jones Lang LaSalle’s (JLL) Executive for Metropolitan Sales and Investments in Queensland Blake Goddard said investors could look forward to land-use flexibility.

“The site’s prominent position beside the motorways has led to a generous maximum height allowance from Brisbane City Council of up to six storeys. With a total gross floor area of 150% of the site area, approximately 15,175m2 of GFA is permissible,” Mr Goddard said.

“The site is truly a Gateway site with huge exposure coming from 220m of frontage to Miles Platting Road and School Road.

“With the on and off ramps to the motorways within 200m of the site and the Eight Mile Plains Busway 500m away, you will not find a more strategic development site for sale in Queensland in the current market.”

The property is being offered for sale via expressions of interest closing Wednesday 17th October 2018.

For the listing, CLICK HERE.

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For the video, CLICK HERE.

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