A 31 hectare block is up for sale at Thornlands

A 31-hectare development site at Thornlands is up for sale.

ON THE MARKET: The 31 hectare development site for sale at Thornlands.

ON THE MARKET: The 31 hectare development site for sale at Thornlands.

It has been approved for a residential subdivision and a retirement and neighbourhood centre at 157-197 Woodlands Drive, Thornlands.

Ray White special projects Queensland Mark Creevey said the block was in a rural setting in a fast-developing area.

The site was 10 kilometres south of the Cleveland CBD and provided a rare opportunity for a buyer looking for premium acreage.

Mr Creevey said the Woodlands Drive property offered a favourable point of difference to others on the market.

“Buyers have the opportunity to deliver a prestige park residential development, capitalizing on the demand for larger lifestyle lots, with new opportunities for larger lots heavily undersupplied in the Bayside area,” Mr Creevey said.

“The land carries development approval incorporating three land-use components.

“These include a park residential subdivision of 38 lots ranging from 6000 sq m to 10,200 sq m as well as a 3.67 hectare retirement site and a 1 hectare neighbourhood centre component.”

Ray White special projects Tony Williams said the Thornlands area was a desired commodity and its location offered a drawcard for buyers.

“The Thornlands area has experienced strong growth and transformation in recent years with the emergence of land estates delivering traditional lots as well as small lot subdivision and townhouse development,” Mr Williams said.

“To complement that, the Victoria Point shopping precinct is a short three-minute drive away and Sheldon College is a mere 600 metres from the site.” 

Expressions of interest close at 4pm on Wednesday, October 17.