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84

114, 122 Binnies Road, Ripley, QLD 4306, Australia
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10 bed 7 bath 8 car

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68
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$959,000
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2 months ago
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About this property

- Part of the urban core west major centre in Ripley Master Plan potential for 2 supermarkets and 1 department store + residential. - Total 66 acres with potentially 54 Acres usable, mixed for the shopping centre, service station, medical centre and childcare centre, etc, surrounded by low to medium-density residential for TOD development + extra income from future railway corridor resumption. - Let alone for the town house, based on 6-7 lots per acre, the yield will be 324-378 lots if pure residential or much more if incorporating some of the freehold terrance homes or 50+ independent living, subject to council approval - Proposed plan for 12,990m2 retail/commercial and 392 dwellings of over 50's independent living, townhouses and units, or change to normal land subdivision for house and land packages. - Potentially $300M - $400M in completion value. - Potentially accommodating 120,000 people in the whole Ripley, with easy access to Brisbane through the direct link of Centenary Highway & the Railway. - Proposed Ripley Railways Station right on the boundary (Current Station at Springfield already) with a state school opened across the road already - The surrounding land across the road is already in the process of being developed now - Coles already opened at Ripley Town Centre. - There are also 3 brick homes on them for short-term holding income. - Around 35 minutes to Brisbane CBD through Centenary HWY, it's a gold mine & once off Brisbane West major development opportunity. - There are 3 Major Town Centres in Ripley: Sekisui House bought the Central Town Centre for $190M a decade ago, Stockland bought the Urban Core East for $195M 3 years ago, so this Urban Core West is the last chance for a relatively small price - Limited-time offering only until the owner's Kooralbyn resort is sold Address: 84, 114 & 122 Binnies rd Ripley Price: Offers from $10m for 1 of the 3 lots Inspect: By appointment Contact: Peter Huang 0418 888 889, Peter.huang@yong.com.au (agent welcome)

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    Loan $2 at 6.10% over 30 years

    Upfront costs

    Deposit$0
    Stamp duty$0
    Conveyancing (est.)$2,000
    Total upfront$2,000
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    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    10
    Bathrooms
    7
    Parking
    8
    Listed
    2 months ago

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