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Overview
This prime vacant land parcel in Lowood presents a rare commercial development opportunity within the rapidly growing Somerset Region. With a generous area of 1873 square metres, the site is flat, cleared, and ready for immediate development, eliminating significant preparatory work and enabling a swift project commencement.
Strategically located on Kingfisher Way, the property benefits from both bitumen road frontage and main road exposure at the rear, ensuring excellent visibility and accessibility for future commercial ventures. This positioning within a populated and established estate enhances its value, offering access to a growing local customer base.
The land enjoys current approval for a substantial two-storey medical and commercial facility spanning 995 square metres, complemented by 28 approved car parking spaces. This approval supports a range of uses such as medical centres, allied health services, specialist medical services, professional offices, retail, convenience retail, community facilities, personal services, and childcare.
Adjoining an established childcare centre, the site forms part of a designed neighbourhood commercial hub originally envisaged as the Eagle Rise Estate's focal point. With no lapsing date on the approval, developers and investors have security and flexibility regarding timing.
Located just 2.4 kilometres from the bustling Lowood township, the site is ideally placed to capitalize on local foot traffic and repeat customers seeking nearby services. The vicinity is also seeing new estates in production, forecasting a significant population increase, which will further boost demand for commercial and community services.
This opportunity is well-suited to developers, medical practitioners, business owners, and investors looking to establish or expand a commercial presence in a thriving regional centre. The potential for additional services such as a gymnasium or café complements the site’s existing approvals and location.
Local Market Insights
In Lowood, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $643,250. The property type mix of listed properties is predominantly Land at 40%, followed by houses (40%), and duplexes (10%). The most active agency for land in the Lowood area is currently Belle Property, representing 50% of new listings, followed by Shepherdson & Boyd with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Lowood QLD 4311
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