Greater Springfield site set for residential development

A Greater Springfield Brisbane land parcel approved for residential development has sold to JLF Corporation for $8,789,000.

The 6ha site at 7006 Augusta Parkway, Augustine Heights, was sold through expressions of interest by Ray White Special Projects Qld Directors Mark Creevey and Tony Williams on behalf of Springfield Land Corporation.

Mr Creevey said JLF Corporation obtained development approval for a 97-lot residential development under a community title scheme.

“The site is located within the Greater Springfield area directly opposite the Brookwater Village Shopping Centre and entrance to Brookwater Golf and Country Club," he said.

“This site is approximately 1.5km to Springfield CBD, Springfield Central Rail Station, Orion Shopping Centre and Robelle Domain Parkland.

"There was strong recognition from prospective purchasers of the significant growth, amenity and infrastructure in the Greater Springfield region and plans for the future.

“Springfield Land Corporation was keen to procure interest from the residential development sector to deliver a premium gated estate to leverage off Brookwater Estate,and Brookwater Golf and Country Club.

“JLF is planning to produce a premium land estate comprising 97 detached allotments ranging in size from 300 sqm to 645 sqm and including twenty innovative shared and dual living dwellings."