Description
Gatton Qld - DA Site for Student Hub - $2.95M - 35% Contracorp AUDC
An exceptional investment opportunity in the heart of Gatton,Qld. An extraordinary site with a Development Approval for a Purpose Built Student Accommodation Facility, featuring four storeys, 123 spacious studio rooms, and a host of impressive amenities.
With Gatton undergoing significant growth in housing, land subdivisions, and student demand, this is a strong, fully approved opportunity in the centre of town. The current owners have also had multiple discussions regarding the potential to change the approval to be 40 to 45 x 2 and 3 bedroom apartments and this has been well received by council.
Location
Gatton Student Hub enjoys a prime location in Gatton, offering a perfect blend of convenience and a vibrant community. Positioned on a spacious 1882 sqm site, the property is surrounded by shops, restaurants, and bars, providing easy access to daily necessities and a lively social scene. Additionally, it is just 7km from the University of Queensland Gatton Campus, ensuring a short commute for students. With excellent connectivity to Brisbane, the Gold Coast, and Toowoomba, students can explore diverse cultural experiences, employment opportunities, and beautiful coastal destinations.
Development Approval
DA Approval for 4 storeys, 123 Student Rooms & Commercial space on ground floor, 32 car parks, Total GFA 3726 sqm.
The student accommodation facility offers an impressive range of features and amenities designed to provide students with a comfortable, convenient, and enjoyable living experience. With a focus on creating a vibrant and supportive community, the facility encompasses a wide array of spaces to cater to various needs and preferences.
The facility comprises various types of studio rooms to cater to different preferences and needs:
This DA Approved development site is available priced at $2.95M with the seller accepting $1,917,500 cash + $1,032,500 Contracorp AUDC
