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Schools · zoning · transport · traffic · noise · flood · bushfire · crime · development · heritage
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About this property
A rare opportunity to secure a substantial, ready-made development site in a tightly held growth corridor. Offered in one line, 3-5 Bannockburn Road delivers scale, flexibility, and planning upside-ideal for experienced developers seeking their next high-yield project. Set on an expansive 1,537sqm landholding, the property benefits from dual street access, providing outstanding design efficiency, improved vehicle circulation, and enhanced potential for staging or multi-frontage outcomes. Zoned R4 High Density Residential, the site is perfectly suited for apartment or mixed residential development (STCA), supported by favourable planning controls including a 17.5m height limit and an FSR of 1.3:1. These fundamentals enable a sizeable gross floor area and strong yield potential, making it an attractive proposition for maximising returns. Located within close proximity to transport, retail, schools, and lifestyle amenities, the site sits in a high-demand catchment where quality medium-to-high density housing is consistently sought after. Key Development Highlights: - Combined land area: 1,537sqm - R4 High Density Residential zoning - Height limit: 17.5m - FSR: 1.3:1 - Dual street frontage/access for superior design outcomes - Strong demand location with excellent connectivity With limited sites of this scale and zoning coming to market, this is a compelling opportunity to deliver a landmark residential project in a proven growth area. In conjunction with Stone Real Estate (Jill Henry 0416 493 555)
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 10
- Bathrooms
- 6
- Parking
- 4
- Land Area
- 1537m²
- Listed
- 1 week ago
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