76 Cecily Street,

Kallangur

Positioned in a convenient and well-connected pocket of Kallangur, this property presents an outstanding development opportunity with an existing Development Approval in place for seven (7) three-level townhouses.

In addition to the approved townhouse development, prospective purchasers may wish to explore alternative development pathways for the site, including the potential for two (2) NDIS Specialist Disability Accommodation (SDA) dwellings, subject to the relevant approvals. Preliminary planning work has been undertaken to assess the site's suitability for this option, and additional documentation is available upon request for interested parties.

Astute purchasers may also consider investigating the potential for apartment development, subject to council approval (STCA) and the necessary planning assessments.

Opportunities such as this are becoming increasingly rare within this tightly held and rapidly growing location.

Location Highlights

Approx. 320m (around a 5-minute walk) to Kallangur Train Station

Approx. 2.0km to Westfield North Lakes shopping precinct

Approx. 1.6km to Kallangur State School

Approx. 1.0km to Murrumba State Secondary College

Approx. 100m to local park and children's playground

Approx. 1.5km to Kallangur Satellite Hospital

Strong Market Fundamentals

Kallangur continues to demonstrate strong market performance, with recent data indicating median house prices in the range of approximately $810,000-$880,000 and annual growth of around 11.4% over the past 12 months. The townhouse and unit market has also experienced significant growth, with some reports suggesting annual increases of approximately 20%, reflecting strong demand across multiple housing types in the area.

For further information or to arrange an inspection, please contact:

Alex Ehsani 0412 097 565 Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. Any rental appraisal advertised or provided was current at the time of the appraisal and may fluctuate depending on market movement. McGrath Estate Agents shall not be responsible should the appraisal or any part thereof be incorrect or incomplete in any way.