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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Tenure Type Freehold
Land Area ()

Property description

JLL Metropolitan and Regional Land are pleased to present to the market 72 Old Progress Road, Richlands. Occupying a expansive landholding in the south western growth corridor, this opportunity boasts the following key attributes:

Investment highlights

  • Significant 1ha land parcel with over 82m* of street frontage to Orchard Road.
  • Zoned Medium Density residential allowing for a broad range of development outcomes (STCA).
  • Code Assessable land uses include Multiple Dwellings, Retirement Facility, Residential Care Facility & Short Term Accommodation.
  • Allowable build height up to 5 storeys and 18m to take advantage of the site’s aspect, elevation and city views.
  • Entirely devoid of restrictive overlays and constraints ensuring a straightforward development approval process.
  • Walking distance to shopping centres, Richlands train station, parklands and community facilities.


Last Updated Date: 11 Aug 2021
Jake Burrowes
Senior Executive, Metropolitan Sales & Investments
Tim Jones
Tim Jones
Director, Metropolitan Sales & Investments - QLD

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Last Updated Date: 11 Aug 2021

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