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1,280m² Opportunity in Prime Taringa PositionProperty ID 1537021The chance to secure developable land in Taringa is rare indeed, as most blocks that become available are around 400m2 up to 810m2, and often in non-unit zonings. This 1,280m2 opportunity, zoned LMR2 Low Medium Density Residential is currently a residential house and land, and features a gently sloping block just a 200m walk to the Taringa Retail Precinct.
The Taringa Commercial Precinct Redevelopment has started, and promises overall a quick expansion of residential and commercial projects, capitalising on Brisbane's identified Inner West Corridor growth demand. All this only 5.5km from Brisbane's CBD. The local area flow-on effect from this high density hi-rise living expansion is expected to support new and better retail outlets including shopping, restaurants, cafes, entertainment, high-end medical premises.
15 MONTROSE ROAD
Total land size 1,280m2 (approx.) (2 lots @ 640m2 each)
5 bedroom, 3 bathroom, 2 carports
Zoned LMR2 Low Medium Density Residential
Major transport nodes within Taringa Retail Precinct less than 200m away (Including Taringa Railway Station)
200m walk to Taringa Commercial Precinct
Brisbane CBD: 5.2km
Indooroopilly Shopping Centre: 900m
Brisbane Boys College: 800km
St Peters Lutheran College:1.5km
University of Queensland: 3.5km
Wesley Hospital: 2km
(All distances approximate, direct line)
LEGACY WAY TUNNEL
Just to the west lies Brisbane's $1.5 billion infrastructure upgrade, the Legacy Way Tunnel on the Western Freeway. 4.6km long and opened last year, it diverts through traffic coming in from the west of Brisbane, connecting to the existing Inner City Bypass. This has meant a very noticeable easing of local traffic levels especially in Taringa, freeing up local arterials such as Moggill Road and lesser notorious rat run streets.