Warwick, QLD

Vacant Allotment

REF ID: inv-0114

$342,000 AVAILABLE
Investment Details:
Target Return:
10% p.a
Expiry Date:
Loan Amount:
Available Loan Amount:
Investment Overview:

The security property comprises a slightly irregularly shaped, undulating vacant allotment with a total land area of 1.377 hectares. 

The property is zoned "Low-Density Residential" by virtue of the Southern Downs Planning Scheme. The land formerly benefitted from a development approval (now lapsed) for Material Change of Use for Commercial Use as childcare centre and retail facilities. 

The Borrower has advised they intend to submit a new development application to develop the land on a similar basis to the now-lapsed approvals.

The subject property is located at Warwick, a regional centre with a population of c. 15,000 located c. 130 radial kilometres to the southwest of Brisbane. Other notable landmarks within close proximity are:

    • Warwick Town Centre c. 3 kilometers
    • Rose City Shopping World

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