Kenmore Views,’ located at 20 Margaret Court represents an extremely rare DA Approved townhome opportunity situated on an approximately 3.252 Ha land holding.
The property is situated in the highly sought-after suburb of Kenmore, being only 10km (radially) west of the Brisbane CBD and 4km to the Indooroopilly Shopping Centre. Kenmore is a leafy, western suburbs location boasting Brisbane’s strongest demographic and an abundance of lifestyle amenity, high quality educational facilities as well as excellent connection to public transport and major road networks.
It has a current Development Approval as well as Operational Works approvals for 96 x four bedroom premium townhomes over three stages. A minor change application has also been lodged which envisions 88 x 4 Bedroom townhomes over five stages. Both the approval and application have been positioned towards owner occupiers with spacious, architecturally designed product which is highly sought after in the current market.
The opportunity also allows speed to market, taking advantage of the strong conditions which exist in this location. New residential product has been met with continued demand and premium price points continue to set new benchmarks.
With the recent changes to the Brisbane City Council planning parameters essentially ‘banning’ townhouse development across the city, opportunities of this scale and in such quality locations are virtually unrepeatable.
Kenmore Views is being offered for sale via Expressions of Interest closing Wednesday 23rd September at 4:00pm.