8 Nepean Avenue, Arana Hills QLD 4054

FOR SALE

Great Development Opportunity, DA approved + BA in placed

Great Development Opportunity

With its many hilly outlooks, peaceful parks and playgrounds, large and ever-growing shopping precinct, and still only a 20-minute drive to the city, Arana Hills is well on track to become the next boom suburb of Brisbane. The suburb has already seen annual capital growth of 2.66%, well above the neighbouring suburbs in this area, and it is set to continue the upward trend. This block is a stone's throw from the Arana Hills Plaza and surrounding retail, service and food outlets.

The development application is already approved and building application documents are ready to approve for a mix of 1-, 2-, and 3-bedroom with unique interior design homes, as well as a commercial space below. As the first Boutique apartment units to be built in Arana Hills, these will be snapped up in record time, making for a very profitable project with great returns. Within a 5km radius you will find two train stations, numerous cafes and restaurants, the Arana Hills Leagues Club, plenty of shopping opportunities, and some of the most highly regarded schools in this area, including Hill brook Anglican College, which ranks in the top 15 schools in Queensland. Enquire today to take advantage of this incredible opportunity for a safe investment while Arana Hills is still an affordable hub of the Moreton Bay area.
12.7Km to Brisbane CBD
16.7Km To Brisbane Airport
7.7km to Prince Charles Hospital
2 Mins Walk to Arana Hills Plaza

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Property Details

• Type: Other