Land for sale
303 Clarendon Road,
Rifle Range, QLD
0 0 0
Lowood Park EstateArea: 101.1Ha 250 acres
Somerset Regional Council Rates: $2,703.60 per annum
Location: 2km Lowood, 14km Fernvale, bitumen road frontage.
Property Description: 100 hectares of prime elevated land ready for low density development. The Vendor has invested substantial capital with the Saunders Havill Group on surveying and project consultancy. This works documents a proposed 147 Lot development, obviously this will be available to the successful purchaser. These lots range in size from 3,580 sqm to 9,290 sqm. The proposed development incorporates 5.55km of internal roads and 6.4 Ha of parkland. Numerous facilities located in Lowood include three banks, two schools, golf course and public pool.
There is a reticulated water supply scheme in Lowood which is available to the subject property as is electricity, telecommunications and postal services.
Population Growth: The forecast population growth for the Esk Division of the Somerset Regional Council by 2026 means that between 700 to 1700 new houses will be required, obviously this all goes well for Lowood Park Estate.
A statement of suitability issued in October 2015 by the Queensland Government in conjunction with the Somerset Regional Council states that the subject land is suitable for any use.
Lowood Park Estate presents an ideal opportunity to the astute developer or investor to create a residential estate in stages to maximize profits in the short to medium term.
Last updated: 06:02PM on Jul 28th 2017