Kingaroy's Largest Residential Expansion Opportunity (35.9ha)

"Kingaroy Residential Expansion Opportunity"

EOI Closes 5pm August 7th

SEQ Site Sales is pleased to present FOR SALE this rare residential development opportunity with a combined land area of 35.9 hectares (88.7 acres) located at:-

Lot 5 & Lot 105 Taylors Road, Kingaroy QLD 4610

This is one of the largest remaining residential development opportunities within the Kingaroy urban growth corridor. The offering comprises:

Lot 5 on SP227684 Approx. 11.83 ha - 104 Residential Lot Subdivision IR239468 (lapsed)

Lot 105 on SP194412 Approx. 24.07 ha - 168 Residential Lot Subdivision IR270250 (lapsed)

Total 35.9 ha Combined Previous 272 Residential Lots

The original Development Approvals have expired, however the historical approvals demonstrate strong planning precedent for large-scale residential development on the site. The approvals were previously granted by South Burnett Regional Council for residential subdivision outcomes of 104 lots and 168 lots respectively.

Given the acute housing shortage across regional Queensland, continued population growth, infrastructure investment and strong residential price growth in Kingaroy, the site presents a compelling land banking and development opportunity.  The region has seen a significant increase in residential prices upward of 25% over the past 12 months.

Some of the key features of this property include :-

• DA precedence for Previously Approved 272 Residential Lots ranging from 800m2 to 1430m2

• Regional Town with minimal competing lots

• Ready to activate, red soil, infill site with multiple access points & road frontages

Kingaroy has seen significant growth in its property market, with houses and units showing strong annual compound growth rates in value.  The local government and South Burnett Regional Council is focused on continuing development of infrastructure to support the economic growth and increasing population.

Kingaroy is a rural town and locality in the South Burnett Region, Queensland, Australia. The town is situated on the junction of the D'Aguilar and the Bunya Highways, 218 kilometres north-west of the state capital Brisbane and 141 kilometres southwest of Gympie. 

Surrounded by picturesque farmlands and low rolling hills, Kingaroy is the central town for the diverse and beautiful region. Well serviced by numerous large retail chains, and many services that you would expect to find in larger towns.  Kingaroy is also serviced by agriculture, food processing, and the local power station.  

The two sites are in a prime location providing direct access to education and health facilities as well as many local amenities including:

• 4 minutes drive to Kingaroy Hospital

• 4 minutes drive to Kingaroy State School

• 8 minutes drive to Kingaroy State High School

• 6 minutes drive to Kingaroy Plaza Shopping Centre

To learn more about this unique development opportunity in Kingaroy, or to request a copy of the Information Memorandum, or for any further details please contact the exclusive marketing agent Luke Rooney.