Nestled just eight kilometres from Brisbane’s CBD, this significant elevated 2.54-acre landholding unfurls across a lush and leafy setting and stands as a prime candidate for a major development.

Sothebys International Realty’s, Malcolm Li is selling the significant site at 199 Flocton Street, Everton Park via an Expressions of Interest campaign closing 15th May 2024

The expansive 2.54-acre (1.03 hectares) landholding delivers a rare chance for a lucrative development in a sought-after locale.

Boasting a substantial 101-metre street frontage and zoned "Emerging Community" under the McDowall Neighbourhood Plan, the property offers numerous possibilities for future development.

Mr Li said the site is ideally suited to a residential land subdivision, townhouse construction, or possibly the establishment of a retirement facility, all subject to council approvals. 

“With services readily available to the site, the groundwork for development is ready for the next stage. 

“With the chronic shortage of housing across Australia, the significant parcel of land presents limitless potential,” he said.

The property is conveniently located near Northside Christian College, Northwest Private Hospital, Everton Park Hotel, and Northwest Plaza. Parks, public transport, and Westfield Chermside are also easily accessible, enhancing the property's appeal to potential residents or investors.

With zoning designated as "Emerging Community," the property aligns perfectly with Everton Park's ongoing transformation and presents a rare opportunity for visionary developers.

Existing improvements include a four-bedroom plus study house spanning 401 square metres and accessed by a wraparound driveway. It features comfortable interiors including a country-style kitchen, open-plan living and dining areas, and a balcony with a leafy outlook. The lower level comprises a large living area with a kitchenette, bedroom, bathroom, retreat, and laundry, providing versatility for various living arrangements.

The property could potentially produce income while development plans are finalised.