Transaction Report 2024.
ENCLOSED IS A CROSS SECTION OF PROPERTIES SUCCESSFULLY MARKETED AND SOLD BY RAY WHITE SPECIAL PROJECTS QLD THROUGH 2024.
Ray White Special Projects Qld Land Transactions
100 Stern Road, Bellmere
• Land area: 178.1Ha*^
• 52km* north of the Brisbane CBD and 7.8km* to the Caboolture CBD and
• Land designated Green Network Precinct and Urban Living Precinct under the
• Potential development footprint of 43Ha* (^STCA)
• Easement from 75 Bells Lane for access and services
• Proposed future Bruce Highway Western Alternative runs through the site
• 3km* to Bellmere State School and 4.4km* to Woolworths Bellmere
Sale Price Confidential Contract Date April 2024
49 Cawdor Road, Highfields
• Land area: 32.75Ha*
• Centrally located in the established Highfields area only 11.5km* north of the Toowoomba CBD
• Approved 93 lot park residential subdivision site with lots ranging in size from 2,250m²* to 9,878m²* (Avg 2,718m²*)
• Zoned Low-Density Residential (Park Residential Precinct)
• Potential alternate schemes including Urban Lots or Land Lease Community (^STCA)
• 10km* to the new $1.3* billion Toowoomba Hospital due to commence early works in 2024
Ray White Special Projects Qld Land Transactions
Sale Price $3,950,000 Contract Date March 2024
23-29 Samantha Street, Redbank Plains
• Land Area: 18,940m²*
• Zoned Residential Low Density under the Ipswich Planning Scheme
• Elevated parcel providing outstanding vistas to nearby Mountain Ranges and surrounding landscape
4 Winchelsea Way, Terranora
• Land size: 16.17Ha*
• Elevated position offering panoramic hinterland, river, city skyline and ocean views
• Primarily zoned R5 Large Lot Residential Sale Price $11,000,000 Contract Date October 2023
35 Graham Road, Fernvale
• Land Area 38.96Ha*
• Development Approval for 129 residential lots ranging in size from 600m²* to 1,271m²* (Avg 674m²*)
• Balance land provide potential for a further 200+ lots
• 1.4km* from Woolworths anchored Fernvale Village Shopping Centre and 50mins* to the Brisbane CBD Sale Price $15,000,000 Contract Date August 2024
Sale Price $6,250,000 Contract Date March 2024
388 Brays Road, Griffin
• Land area: 1Ha* (10,020m²*)
• Near level and predominantly cleared
• Essential services located in the immediate locality
• Range of potential development options, including land subdivision, medium density residential, community housing, aged care/retirement (^STCA)
Sale Price $18,250,000 Contract Date November 2024
Forest View Estate, Collingwood Park
• Land area: 27.7536ha* (Proposed Lot 505 SP335084)
• 30km* west of the Brisbane CBD, 11km* east of the Ipswich CBD and 9.5km* to Springfield Central
• Balance 164 lots of Forest View Residential Estate comprising Stages 4 to 10 with Stages 1-3, 11 & 12 (141 lots) already completed and sold out
704 New Cleveland Road, Wakerley
• Land area: 4,745m²*
• Prime corner position
• Exposure to 17,300** passing vehicles daily
• Zoned Emerging Community - range of potential development outcomes (^STCA)
• Sold on behalf of Brisbane City Council Sale Price $3,400,000 Contract Date October 2024
Price $2,875,000 Contract Date November 2023
159-163 Cedar Road, Redbank Plains
• Land area: 1.9Ha*
• 33km* west of the Brisbane CBD and 13km* east of the Ipswich CBD
• Development Permit for a 26 lot residential subdivision with lots ranging in size from 393m²* to 532m²* (Avg 462.5m²*)
Ray White Special Projects Qld
Townhouse Transactions
79-85 School Road, Kallangur
• Land Area: 5,547m²*
Contract Date July 2024
• Designated General Residential (Next Generation Neighbourhood) zoning
• Plans lodged with council post sale for 35 townhouse units
• Sold via Auction Sale Price $3,450,000
Sale Price $8,250,000
173 Brays Road, Griffin
• Land area: 1.94Ha* (19,440m²*)
Contract Date September 2024
• DA and OPW approved for 87 townhouse units plus managers residence and common facilities buildings
• Civil works substantially completed allowing immediate commencement
Sale Price $1,950,000
235 Marsden Road, Kallangur
• Land area: 8,094m²*
Contract Date August 2024
• Nearby parkland and walking distance to Dakabin Train Station, local shopping and a range of schools
• This site was the last component of a larger 3.2Ha* amalgamation
Sale Price Confidential
774 Ripley Road, South Ripley
• Land area 16.51Ha*
Contract Date April 2024
• Located within ‘Urban Core Frame’ of Ripley Valley PDA
• Strategic acquisition within the town centre frame of one of Australia’s largest future master planned communities
Ray White Special Projects Qld
Unit Site Transactions
15-17 Waverley Street, Southport ‘Waverley Residences’
• Land area: 1,414m²*
• Improved with an incomplete eight (8) level apartment building comprising sixty (60) units with substantial rooftop amenity and three (3) levels of basement parking accommodating 77 car parking spaces. The unit mix comprises the following:
- Fourteen (14) x One (1) bedroom units
- Thirty Two (32) x Two (2) bedroom units
- Fourteen (14) x Three (3) bedroom units
Sale Price $2,850,000
Contract Date October 2024
486-490 Kingsford Smith Drive, Hamilton
• Land area: 1,215m²* (3 titles)
• DA Approved for 11 units
• Zoned MU3 Mixed Use (Corridor)
• Efficient construction design with “at grade” carpark
Sale Price $3,000,000
19-23 Davenport Street, Chermside
Contract Date July 2024
• Total Land -1,202m²* corner site zoned medium density
• Rental upside opportunity - rental appraisal of $147,420* p.a. (currently under-rented at $98,280* p.a. gross)
• Residential Development Opportunity - Code assessable 6 storey height limit (with infrastructure credits)
Ray White Special Projects Qld
Block of Units Transactions
37 York Street, Nundah
• Land area: 1,204m²* corner development site
• Zoned Medium Density Residential
• Northerly aspect
• Code Assessable Building Height Limit of 5 storeys
44 Leiper Street, Stafford
• Land area: 1,090m²*
• Whole cavity block of 8x2 bedroom, 1 bathroom units each with dual access lock up garages & private laundry areas
• Passing gross rental of $198,120* p.a.
• Spectacular views from upper levels
2 Wooloowin Avenue, Wooloowin
• Land area: 842m²*
• Fully leased gross income of $181,324* p.a.
• Outstanding positioned only 2* minutes walk for residents to Woooloowin Train Station and on the main Airport line - offering services to the Brisbane CBD running within every 5* minutes (business hours)
Price $2,500,000 Contract Date November 2024
400 Kingsford Smith Drive, Hamilton
• Land area: 567m²*.
• Uninterrupted view corridor towards Brisbane Rive & CBD
• Fully leased Rental appraisal of $119,000* p.a.
• Solid cavity brick complex
59 Ellena Street, Paddington
• Land area: 400m²*
• Entire complex: 5 x 1 bedroom self contained units
• Fully leased gross income of $93,600* p.a.
• Positioned only 3km* from the Brisbane CBD
• Perfectly situated between Paddington Central and Rosalie Village
29 Pilba Street, Chermside
• 4 x strata titled, 2 bedroom townhouses and 2 x 2 bedroom strata titled units
• 810m²* site zoned Medium Density Residential
• Brisbane CBD views
• Substantially renovated throughout
Ray White Special Projects Qld
Mixed-Use Transactions
Sale Price $11,500,000
Contract Date July 2024
9 Tryon Street, Upper Mount Gravatt
• Land area: 7,337m²*
• DA Approved for 694 rooming accommodation suites (692 x 1 bedroom suites and 2 x 2 bedroom suites), retail, office, pools, gym, and recreation areas, over 4 buildings.
• Refurbished retail complex comprising 14 tenancies and 103 carparks
• Total Building GFA of 2,194m²*
• Exposure to 37,400** vehicles per day
• 15 storey height limit and 350% plot ratio (^STCA)
• Zoned PC2 Principal centre (regional centre)
43 Endiandra Street, Algester
• Land area: 7,309m²*
• Substantial existing brick building
• Includes indoor and outdoor pools, large gym, sauna/ steam room, squash courts, child minding facilities
• Zoned Low Density Residential Sale Price $4,150,000 Contract Date May 2024
170 Keidges Road, Augustine Heights
• Total Land Area 11,481m²*
• 2 titles (Lot 905 - 9,073m²* and Lot 4 - 2,408m²*)
• Lot 905 located in the Local Neighbourhood Centre Precinct
• Directly adjacent future Augustine Heights Railway Station Park ‘n’ Ride and with frontage to future Mt Juillerat Drive extension
Price $1,350,000 Contract Date December 2023
1 Serenity Drive, Eli Waters
• Land area: 8,014m²*
• DA approved for retail development (ALDI Supermarket - GFA 1,739m²* and 124 car parks)
• Range of potential development options, including: townhouse, subdivision, aged care, retirement, social / affordable housing, childcare (^STCA)
Lot 9001 / 5001 Village Heart, Carseldine
• Land area: 1.344ha*
• 14km* north of the Brisbane CBD
• High profile corner position site providing 226m²* of direct street frontage and exposure to 22,500* vehicles daily
• Located in close proximity to schools, businesses and existing community
Ray White Special Projects Qld
Social &Affordable Housing Transactions
1 Clarke Street, Southport (Lumina)
• 1.7Ha* of premium development land within the thriving innovation-based community at Lumina
• Zoned for Residential Use within the Parklands Priority Development Area (PDA)
• Subject to housing mix potential to accommodate 1000+ residents
• 30,000* people already working, living, and studying within the Precinct
• The Precinct is home to world-class Griffith University, Gold Coast University Hospital, Gold Coast Private Hospital, Smith Collective residential and retail village and the Southport Sharks entertainment precinct
19-21 Curwen Terrace, Chermside
• Land area: 1,292m²*
• Freehold corner parcel on constraint free site
• Zoned High Density Residential
• Improved with two residential dwellings allowing for holding income during the planning phase of development Sale Price $2,600,000 Contract Date June 2024
9 Law Road, Warwick
• Land area: 3.76Ha*
• Situated 2 hours* drive south west of Brisbane
• Zoned ‘Low-Medium Density Residential’
• Flexible zoning allows for a range of uses including land subdivision, child care centre, multiple dwelling and relocatable home park (^STCA)
18-22 Bayview Terrace, Deception Bay
• Land Area: 2,532m²*
• Zoning: General Residential (Urban Neighbourhood)
• Development outcomes include but are not limited to dwelling units, multiple dwellings, residential care facility, rooming accommodation or short-term accommodation (^STCA)
Lot 2049 / 2050, Carseldine
• Total Land area: 4,270m²*
• One Superlot comprising Lot 2049 (2,112m²* ) & Lot 2050 (2,158m²* )
• Designated Mixed Use - Parkside Residential under the Fitzgibbon Priority Development Area
• 500m* from Carseldine Railway Station
Ray White Special Projects Qld
Other Notable Transactions
337 Teewah Beach Road, Noosa North Shore
• Land area 40.47Ha* on one freehold title
• Over 450m* of absolute beach frontage
• Cleared grassed area on the eastern portion of site
• Views back to Noosa, only a 15km* drive
• Zoned Rural Residential under the Noosa Plan 2020
• Generational opportunity to secure an absolute beachfront land holding
• Accessed via a bitumen sealed road linking directly to the North Shore Ferry
• Sold under the hammer at Public Auction
466 Serpentine Creek Road, Redland Bay
• Land area: 8.22Ha* Within the Shoreline masterplanned community by Lendlease
• Space Corridors’ under the Shoreline masterplan approval
• Near level land and cleared throughout
• Indicative yield of 73 residential lots (^STCA)
399 Piggabeen Road, Cobaki Lakes
• Land area: 15.47Ha*
• Located directly opposite the future Cobaki Parkway Estate Masterplanned
• Formerly operated as “The Abbey Cobaki” Wedding Chapel, Reception Venue & 9 hole Golf Course
424 Esplande, Torquay
• Land area: 4,530m²* site with northerly aspect
• 2* hours from Noosa
• Zoned High Density (26 Storeys) with ocean views
• Two street access and on two titles
• Direct flights from Syndey and Melbourne daily to Hervey Bay
Our Specialists
Ray White Special Projects (Qld) is the market leader in the sale of residential development sites and specialised assets. With over 25 years of experience in the development industry, we have indepth market knowledge of the South East Queensland and Northern New South Wales.
Mark Creevey Director 0408 992 222 mark.creevey@raywhite.com
Andrew Burke
Sales Executive 0417 606 128 andrew.burke@raywhite.com
Tony Williams Director 0411 822 544 tony.williams@raywhite.com
James Hanley
Sales Executive 0408 999 755 james.hanley@raywhite.com
WHY RAY WHITE SPECIAL PROJECTS QLD?
25 consecutive years of specialised asset experience
Honesty and integrity ingrained with a fourth generation family business
Marketing specialists
Experienced & trained negotiators
Genuine stakeholders in the development industry
Privately owned where the owners of the business work in the business
Industry leaders first to adopt fresh marketing techniques and initiatives
Matthew Fritzsche Director 0410 435 891 matthew.f@raywhite.com
Christopher Czernik-Wojcicki
Sales Executive 0413 481 971 chris.cw@raywhite.com