A Greater Brisbane private school has beaten six other buyers to snap up a massive 1.96ha neighbouring site which had been earmarked as a potential 32 lot residential subdivision.
Premium Content
Subscriber only
A BLOCK of land at Yamanto set to offer both residential and commercial lots could soon entice hundreds more to the booming Ipswich growth corridor.
Under its current development approval, the 1.2-acre site at 10 Leonard St will likely result in the construction of ten townhouses and two commercial properties.
While versatility proves an obvious drawcard, the asking price of $695,000 is expected to have eager developers quick to snap up the site.
Ray White Special Projects salesman Andrew Burke said it was rare to have a block with combined lots hit the market for less than $1 million.