RARE OPPORTUNITY | BRAND NEW HOUSE AND LAND PACKAGES | INFILL BLOCKS | ALMOST 0% RENTAL VACANCY


RARE OPPORTUNITY | BRAND NEW HOUSE AND LAND PACKAGES | INFILL BLOCKS | ALMOST 0% RENTAL VACANCY

Published on August 21, 2015

Brand new house and land

RARE OPPORTUNITY | BRAND NEW HOUSE AND LAND PACKAGES | INFILL BLOCKS | ALMOST 0% RENTAL VACANCY

This week I am putting on hold my regular newsletter to bring you a very rare investment opportunity. If you have contemplated investing in property anytime soon then keep reading as this window of opportunity is about to close.

MRD has managed to secure three only (with one already spoken for) house and land packages in an infill subdivision of just 20 lots in the suburb of Hemmant in Brisbane.
Ordinarily these days, new house and land packages are located at quite a distance from a city’s CBD and are built on virgin land in master planned estates that are developed over a 20 or 30 year period.

This opportunity is the case of a true My Fair Lady story.  An old suburb that previously had low appeal being surrounded by the Port of Brisbane and an industrial/rural area.  As the city of Brisbane has grown by 23 percent in the past decade those inner city areas have encroached further and further afield.

Think Sydney and Strathfield or Melbourne and Port Melbourne. Old areas that underwent a gentrification process and became a desirable and high demand area. 

And demand means capital growth.

Let me take you through where this suburb is and what it has to offer. 

LOCATION, LOCATION, LOCATION

Hemmant-Lytton is geographically situated close to some of Brisbane's other most important economic drivers, including:

  • The Australian Trade Coast precinct
  • The Brisbane Airport
  • The Port of Brisbane and
  • The Brisbane CBD itself

THE AUSTRALIA TRADE COAST EMPLOYMENT PRECINCTS

  • A unique 8,000 hectare trade and industry region based at the mouth of Brisbane River
  • Located 10 kilometres east from Brisbane CBD, this employment precinct has direct links to the Brisbane Airports and Port of Brisbane
  • Is the fastest growing trade and industry region in Australia, with world-class infrastructure and export facilities
  • Has the distinct strategic advantage in its large holdings of industrial zoned land ready to support Brisbane’s industry expansion
  • Has a strong specialisation in manufacturing, wholesale trade & transport, postal and warehousing
  • Contains a higher proportion of medium and large business than does Brisbane local government area (LGA)
  • Will support 33,000 additional jobs and 25% of Brisbane City’s export growth by 2031 (Brisbane Infrastructure Plan 2031)
Precinct interactive map

THE BRISBANE AIRPORT $3.8 BILLION

Infrastructure projects at the Brisbane airports will total $3.8 billion over the next decade. This will include $1.35 billion to build the second parallel runway.

BRISBANE AIRPORT'S NEW PARALLEL RUNWAY

  • Construction: 2014 - 2020
  • Spend: $1.35 billion
  • Biggest aviation project in Australia that will deliver Brisbane the most superior runway system in Australia
  • 2,700 construction jobs.
  • 3.3km long
  • 60m wide
  • 2km west of and parallel to the existing runway
  • In excess of 12 km of taxiways
  • Navigational aids
  • Airfield infrastructure and hundreds of hectares of airfield landscaping
  • Regional economic benefit of approximately $5 billion per year by 2035
  • 7,800 jobs will be created for the Brisbane/Moreton region by 2035 due to additional capacity
  • Brisbane airport will have the same capacity as that of Hong Kong and Singapore airports
  • Best runway system in Australia
  • Forecasted flight growth is from 227,000 in 2014/15 to over 360,000 by 2035
  • Airport generated tourism was $3.1 billion in 2012-13 and is expected to increase to $7.6 billion by 2033-34

THE NEIGHBOURHOOD

Over the next 10 to 20 years, this neighbourhood area will evolve into a new industry and business service region, with a clear separation between industry and housing and schools.

The Hemmant-Lytton area is attracting a growing number of young families adding to the appeal this part of Brisbane offers property investors.

The demand from the growing workforce and residential population will drive the construction of strategically located new housing that is close to public transport, with the neighbourhood plan directing this development over the next 10+ years.

LOCATED WITHIN A SHORT DRIVE TO:

  • The Brisbane CBD
  • Various employment Precincts
  • Brisbane Airports
  • The Port of Brisbane
  • Arterial road to the Gold and Sunshine Coasts
  • Morton Bay

Hemmant and Lytton are located in the South East part of the Australian Trade Coast region, which has been identified as a premier industrial area of South East Queensland.

Hemmant-Lytton is also geographically situated close to some of Brisbane's other most important economic drivers, including:

  • The Brisbane Airport
  • The Northern part of the Australia Trade Coast precinct
  • The Port of Brisbane and
  • The Brisbane CBD itself

In recent decades, industry activity in the Hemmant-Lytton area has significantly increased along with the rapid expansion of the Port of Brisbane and investment in transportation and roads resulting in export-oriented industries continue to emerge in the area.

Hemmant-Lytton is a popular location for businesses, especially those in logistics and warehousing, which seek to be located close to:

  • Air
  • Rail
  • Major roads
  • Sea transport hubs

THE AIM OF THE NEIGHBOURHOOD PLAN

The aim of the neighbourhood plan is to foster economic and employment growth while recognising the value of the natural environment and the existing residential community.

OTHER PLANS SUPPORTING THE NEIGHBOURHOOD PLAN INCLUDE:

  • An infrastructure plan
  • A sustainability plan
  • An investment attraction and development facilitation plan

WHERE WILL BRISBANE’S EMPLOYMENT GROWTH BE?

This high growth in population and employment will naturally require the delivery of targeted infrastructure projects in key districts of Brisbane.

According to the Brisbane long-term infrastructure plan, priority areas of infrastructure planning are shown as followings:

  • Australia Trade Coast - supporting 33,000 additional jobs and 25% of Brisbane City’s export growth by 2031
  • Greater CBD - the largest employment centre in QLD, supporting 380,000 jobs by 2031
  • South West Industrial Gateway - forecast to generate 34% of manufacturing output of Brisbane by 2031

Transportation infrastructure network linking these areas will be critical for the transfer and distribution of passengers and products and to increase the efficiency of business activities.

Those suburbs located within a close proximity to employment centres, such as the Brisbane CBD and surrounds and those close to transportation infrastructure, such as the Australian Trade Coast, will be the focus for the delivery of new critical infrastructure spending.

SOME WORLD-CLASS PROJECTS BEING UNDERTAKEN INCLUDE:

  • The twin-tower project
  • Queens Wharf Redevelopment
  • Brisbane’s second international airport runway
  • These projects will add to the awareness of the city of Brisbane and further encourage population growth to the city.

Many other major infrastructure projects are planned or underway, including the $650M Kingsford Smith Drive Upgrade; but I’m sure you get the idea that things are on the move in Queensland.

If after reading this content you are genuinely interested to know more, talk with us and we will provide you with the following:

  • Brochures
  • Floor Plans
  • Inclusions List
  • Site Plan
  • Suburb Profile
  • Brisbane Property Market News
  • A general rental assessment for the estate
  • Evidence of a very favourable valuation
  • Cash flow analysis report

WHAT NEXT?

Contact MRD >>>here, and using the hashtag #HemmantProperty leave your details and we’ll be in touch with you. Alternatively call MRD on 1300 883 854 (if after hours leave a message).