McArthur & Associates Property Consultants are proud to present 1-3 Young Street, Petrie to the market for sale.
This wonderful development opportunity is located in a sought-after, high-demand area in the heart of Petrie. The property is located within The Mill at Moreton Bay Priority Development Area. The site is identified as a part of the Residential Focus area (student accommodation) of Mill Central.
The Mill at Moreton Bay is South East Queensland's newest landmark destination, providing options for large-scale development across hectares of mixed-use space.
The current owners were looking to develop the site with multiple dwelling (32 dwellings) and Child Care Centre (120 capacity) located on the ground floor. Various site opportunities, subject to council approval, exist for the purchaser including mixed-use commercial, high-density multi-storey residential, child care, education, health care services or religious activities, etc.
1-3 Young Street is only a 5-minute walk to Petrie railway station that supports services on the Redcliffe Peninsula and Caboolture lines, connecting to Brisbane and the Sunshine Coast. On the other side of the railway station is the magnificent, state-of-the-art, University of the Sunshine Coast (USC), Moreton Bay Campus, as well as parklands, streetscape, and recreational facilities.
The precinct is well connected, sitting at the junction of two key state roads and in close proximity to the Bruce Highway - Queensland's major north-south freight and commuter corridor. These transport connections place The Mill at Moreton Bay within 40 minutes of Brisbane Airport and Port of Brisbane, providing exciting gateways to regional and international markets.
In only two years of operation, USC Moreton Bay has already welcomed 3,000 students to the campus - far exceeding its goal of 2,400 enrolments. By 2030, this campus will be home to 10,000 students across 100 programs.
Major retailers including Woolworths and other specialty shops have plans to locate in this precinct.
For further information or to arrange an inspection don't hesitate to contact Darren McArthur
