Communities
Raine & Horne Communities has sold an urban development parcel located within the Palmview Structure Plan Area for $56 million.
This 33.1 hectare parcel of development land is located on Peter Crosby Way at Palmview at the entry to the Palmview master planned community area and to the immediate north of the Palmview State Primary and Secondary Colleges and the Palmview State Special School.
The property currently under contract comprises 33.1 hectares of urban development land is proposed for 539 residential products (500 residential lots and 39 residential units);
1800m2 of retail GFA; and 1,000m2 of Community GFA.
For further details contact the selling agent Wayne Rex
| Zoning | Emerging Community |
| Tenanted | No |
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| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 273 |
| Average Price | $1,032,472 |
| Median Price | $890,000 |
| Median Rental Price | $750 p.w. |
| Change in Rental Rate (5yr) | 53 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 1 |
| Average Price | $830,000 |
| Median Rental Price | $720 p.w. |
LAKE MACDONALD
MOUNT COTTON
MARCOOLA
CANUNGRA
MARCOOLA
PALMVIEW
CANUNGRA
YANDINA
MOUNT COTTON
LACEYS CREEK
CROHAMHURST
SHELDON
Proposed Lot 100 Peter Crosby Way, Palmview,
Queensland, 4553