22 Wheaton Street, Narangba
******For the ASTUTE INVESTOR! GOLDEN opportunity to secure HALF AN ACRE LOT! zoned for future development*****
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Narangba is a town and suburb in the Moreton Bay Region of Queensland and is located 34km north of Brisbane. The name is said to have originated from an Aboriginal word meaning "small ridge".
The State Government identifies Narangba East as a Local Development Area for future urban development as part of the South East Queensland Regional Plan 2009-2031.
Council has prepared a comprehensive planning framework to guide the development of this area to ensure dwelling and employment targets envisaged for South East Queensland are achieved.
Residential intensification in selected areas accommodates the predicted demand for a wider range of housing types in locations close to transport, employment, services and green space.
This property falls within the Narangba East Study Area, zoned: Res. B with merging community, with multi-purpose potential and within a 400m walking distance to Narangba Central Business District and The NEW Narangba Train Station, minutes' drive to the M1 on-ramps and the famous North Lakes Shopping District.
The NELDAP is organised to provide an appropriate transition between the higher-density uses within the Narangba District Centre. The higher density and mixed-use development will be located around the Narangba Rail Station.
The Narangba East Study Area is located towards the northern part of Moreton Bay Regional Council, approximately 10 kilometres south of the Caboolture/Morayfield Principal Regional Activity Centre and about 35 kilometres to the north of the Brisbane Central Business District.
It comprises an area of approximately 800 hectares extending three kilometres east to west and four kilometres north to south.
It is almost wholly located between the main northern railway line to the west and the Bruce Highway to the east. The study area extends north to Pitt and New Settlement Roads and south to Boundary Road. The only part of the study area that extends to the west of the railway line is the existing commercial centre and adjacent residential areas near the Narangba Railway Station.
Development of the Northern Section of Narangba East LDA is already underway!
Major developers have secured large parcels of land for housing estate sites in Narangba; part of Moreton Bay municipality, Queensland's third-largest government area, which between 2015-2026 is projected to record a population increase of some 103,500.
Narangba itself is set to accommodate more than 41,200 new residents between now and 2041.
Costco, IKEA, Westfield North Lakes and North Lakes Town Centre are less than eight kilometres away.
Bunnings and Red Rooster are closer as is Narangba Valley State School and Narangba Christian College (another catholic school is earmarked for a site opposite 197-207 Callaghan Road).
University of Sunshine Coast's newest campus is at Petrie, about nine kilometres south of Trask's Narangba sites.
Description: Lot 415 N 4351 - Property size: 2,023m2
Front and rear -25.9m - Sides - 78.5m
Zoning: RESIDENTIAL B (C ) Development Zone: Emerging Community
Currently Rented with great tenants
2023m2 fully fenced - Five bedroom home
Powered and fully lined Colourbond shed set up as extra living-style space which has been utilised as a man cave/teenage retreat/guest space.
Large outdoor entertaining area
Tasmanian Oak kitchen, well equipped, dishwasher, plenty of cupboards and bench space
Open plan tiled dining/living area with a feature fireplace
Separate lounge room
Master with A/C, over-sized walk-in robe and ensuite, set away from the other bedrooms
Total 5 bedrooms, two bathrooms, and two living areas
Double carport ~Water tank ~Built 1992
Disclaimer: Information provided by RE/MAX Victory, its employees, won't be held responsible for inaccuracies. The information offered is a general outline for the guidance of intending purchasers. Reasonable endeavours have been made to ensure that the information given is materially correct, but any intending purchaser should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. We recommend that you obtain financial, legal and taxation advice before making any decision.
The suburb is a 40-minute drive from both Brisbane and the Sunshine Coast, making these cities major employment hubs for the suburb's residents.
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