Rochedale is a booming suburb on the South side of Brisbane.
At the 2016 Australian Census the suburb recorded a population of 3,175.Because of its prime location not too far from the city and major transport corridors.
One property which has just come on to the market is a mixed-use site in the booming Rochedale Town Centre
The 3.2 ha property, at 46 West Street in Rochedale, is being sold by Watpac.
The site is situated within the Town Centre (Precinct 1) of the Rochedale Urban Community Neighbourhood Plan and is further designated with the Community Use (5F) and Mixed Use (5D) sub-precincts.
This prime site adjoins the new Coles-anchored Rochedale Village which is now under construction and is scheduled to open in 2019.
Rochedale is undergoing significant new development as a result of the recently-approved Neighbourhood Plan, which benefits the site.
46 West Street offers potential to be developed into a variety of uses given its unique character under the neighbourhood plan.
The zoning of the property allows for land use such as the Town Centre Precinct, Mixed Use Precinct and the Community Use Precinct which encompasses the entire site, whilst also allowing for a range of activities such as food and drink outlets, child care as well as multiple residential dwellings.
The flexible neighbourhood plan in which this property sits,allows strong potential for a range of development outcomes in the one area.
Strategically located 14 kilometres south of the Brisbane CBD in close proximity to the Gateway, Pacific and Logan Motorways, Rochedale was recently named Brisbane’s latest ‘million dollar suburb’ by CoreLogic thanks to the area’s seven-figure median house price.
The site is also closely linked to nearby schools including Rochedale State School and Redeemer Lutheran College.
The offering of this large development site for sale in Rochedale is expected to draw strong interest from local and interstate developers.