240 Gardner Road, Rochedale QLD 4123

Vacant 6.44ha | 70-lot subdivision pending | Bushfire flood overlays | School catchment edge The property’s primary competitive strength is its scale and reconfiguration potential. A 64,400 m² block with a lodged 70-lot subdivision application places a buyer in a rare position of controlling a future residential supply node in a high-growth corridor. The existing 390 m² building and four bathrooms are likely ancillary infrastructure, not a dwelling, meaning the buyer is purchasing land value and development optionality. This suits a developer or patient investor who can hold through approvals, not an owner-occupier seeking immediate use. The risks are material and cost time and money. Bushfire and flood overlays will constrain design and increase civil works, while the conflicting classification between sources suggests incomplete council records or partial approvals. The buyer must budget for extended DA processing and overlay mitigation costs. The opportunity is clear: Gardner Road has demonstrated 6.85% annual capital growth on long holds, and a 70-lot yield at current land values creates significant margin if executed efficiently. Hold this property as a development pipeline, not a passive land bank, and engage a town planner before exchange.