Residential Land for Sale
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Approved for Subdivision into 54 Residential Lots is This Beautiful Development Site for SaleProperty ID 1548368Located just 11km Northwest of Highfields - Meringandan is one of the regions sought after lifestyle areas. 21.4km from Toowoomba this residential development property sale represents an opportunity for all developers. Ready for operational works, the property is approved for subdivision into 54 large residential lots. The views and country lifestyle that the site offers will be the ingredients combined with the large lots, piece and quite that creates the perfect formula for developers. A substantial 27.8ha (approx) hectare land holding has 325.3m street frontage to Goombungee Meringandan Road, it has undulating grades with a progressive fall to the eastern boundary. The property is surrounded by existing subdivisions, including Highland Park to the west and Sovereign Ridge to the east. An environmental park is located on part of the southern boundary and the property is lightly vegetated and free of any buildings.
Council infrastructure incentives apply and the numbers stack up well for any developer to subdivide and profit from the works already done by the current owner.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.