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Asset Description
JLL Metropolitan and Regional Land are pleased to present to the market 173-177 Colburn Avenue, Victoria Point QLD. Occupying an expansive landholding in a highly sought after bayside catchment, this truly unique opportunity offers the following key attributes:
Investment Highlights
- Significant 4,753sqm land parcel with over 50m* of street frontage to Colburn Avenue
- Zoned Medium Density Residential allowing for a broad range of development outcomes (STCA)
- Code Assessable land uses include Multiple Dwellings, Retirement Facility, Residential Care Facility & Short Term Accommodation
- Allowable build height up to 13m and 3 storeys to take advantage of the idyllic Moreton Bay views
- Allowable site cover of 75% offering an attractive project scale
- Close proximity to several major shopping centres – Town Centre Victoria Point, Lakeside Shopping Centre and Victoria Point Shopping Centre
- Walking distance to beaches, parkland and nature reserves
*Approximately