303 & 305 Watson Road, Acacia Ridge
Opportunities to secure two adjoining properties with a combined landholding of 1,310m² in an established Brisbane suburb don’t come along every day!
Positioned along Watson Road in Acacia Ridge, this exciting offering brings together two neighbouring 655m² allotments, presenting an appealing opportunity for developers, builders and astute investors looking to unlock the potential of a substantial residential landholding.
With preliminary town planning investigations already undertaken, the groundwork has begun for prospective purchasers to explore the possibilities this site may offer.
THE OPPORTUNITY
The combined properties comprise:
– 303 Watson Road: 655m² allotment
– 305 Watson Road: 655m² allotment
– Total combined landholding: 1,310m²
– Two adjoining properties offered as a combined development opportunity
– Zoned Low Density Residential
– Located within the Acacia Ridge/Archerfield Neighbourhood Plan
– Preliminary town planning advice available
– Potential for subdivision and alternative residential uses, subject to council approval
EXPLORE THE DEVELOPMENT POSSIBILITIES
Preliminary advice obtained from a town planner indicates that a two-into-three-lot subdivision may be achievable through a code assessable development application, subject to further investigations and the relevant approvals.
Rooming accommodation has also been identified as a potential code assessable land use under the applicable planning provisions.
For those considering townhouse, unit or other residential development concepts, further planning investigations would be required to determine their feasibility and permissibility.
With water infrastructure located within the road verge and sewer infrastructure running through the rear of the properties, prospective purchasers have a starting point from which to undertake their own development feasibility assessments.
CURRENT DWELLING
The two-storey brick home offers three bedrooms, an updated kitchen and ceiling fans throughout. While the property would benefit from some TLC and cosmetic improvements, it presents an excellent opportunity to renovate, refresh or generate rental income while exploring the site’s future development potential, subject to relevant approvals.
ESTABLISHED LOCATION WITH EVERYDAY CONVENIENCE
Acacia Ridge is a well-established Brisbane suburb offering convenient access to shopping facilities, schools, public transport, employment hubs and major road connections.
Its position within Brisbane’s southern corridor makes it an appealing location for those seeking residential development opportunities within an existing community.
TWO PROPERTIES. ONE EXCITING OPPORTUNITY
Whether you’re an experienced developer searching for your next project, a builder looking to explore subdivision opportunities or an investor considering the longer-term potential of a substantial landholding, 303 and 305 Watson Road deserve your attention.
Contact Bliss Grayson today to discuss the opportunity and request further information.
*Disclaimer: All development opportunities outlined are preliminary only and subject to council approval, relevant planning provisions, site investigations and professional advice. Buyers are encouraged to undertake their own due diligence regarding development feasibility, infrastructure, zoning and permitted uses.*
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
