66-108 Watsons Road, South Ripley, QLDFor Sale | $5,200,000
ASKING PRICE OF $5,200,000 - LESS THAN $25,000 PER LOT
SITUATED IN BRISBANE'S WESTERN GROWTH CORRIDOR
IDEAL AFFORDABLE HOUSING OPPORTUNITY
MMJ Real Estate are pleased to present this property which is being sold with the benefit of development approval for a 209 lot residential subdivision.
A key feature of the approval is the relatively small lot sizes, ranging from 187 square metres, making the subdivided lots cheaper than others available in the immediate vicinity.
The property is in close proximity to the new Ripley Town Centre, developed by Sekisui House, the Ripley Town Centre is a $1.5 billion project which once completed will be a world-class destination and a shining example of urban construction living harmoniously with nature, featuring tree-lined streets and laneway, parklands, leafy walkways, green rooftops and much more.
As the Ripley region continues to grow and reaches its estimated population of 120,000 over the coming years, Ripley Town Centre will be the bustling core of the entire region.
Key features of this development will include
Commercial office spaces
Regional shopping centre
Future transit centre (to facilitate rail and bus networks)
Health and education services
Cafés and restaurants
Regional library, community and cultural centres
Active and truly safe pedestrian friendly environment through walkability, cycling, leading public transport and less dependency on cars
Ripley Town parklands will be 1 of 5 regional park destinations
2,000 dwellings (including senior living and aged care)
Stage 1 of the Ripley Town Centre was completed in May 2018 at an estimated value of $40 million. The marketplace-style centre spans across 9,400sqm and is anchored by Coles supermarkets, 20 specialty stores, medical centre, commercial office space and car parking for 360 vehicles. The centre has received a green stamp of approval by attaining Australian Excellence status with the Green Building Council of Australia (GBCA).