Rare opportunity, in the well-established and most sought suburb of Ellen Grove, next to Forest Lake with a beautiful environment and all amenities close-by, this is a great GOLDEN potential of subdivision for developers. It is zoned Emerging Community and located in the development corridor of Ellen Grove with DA approved for 9 lots. And you could still change or amend the DA to suit your circumstance - STCA. Representing an exciting opportunity for the investor, developer or owner occupier to acquire this unique land offering, 549 Waterford Road is situated in one of South-West Brisbane rapidly expanding regions, 25 km to City CBD. The property is in immediate proximity to Forest Lakes retail and commercial core, public transport and recreational amenities. Features include: - Brisbane City Council - Zoned Emerging Community - Level Land: 1.12Ha (11200m2, approximate 181m x 62m frontage) - Freehold Titles - Numerous Development Options - South-West Brisbane Priority Growth Precinct Other features include: - Located on the border line of Forest Lake, approximately 150m to Forest Lake State School - Approximately 500m walking distance to Local Shopping Centre - Approximately 400m walking distance to Forest Lake Child Care Centre - Opposite to the public park - Only 18km from Brisbane CBD it is easy access to Richlands Railway Station, Logan Motorway and Ipswich Motorway. - 5 mins drive to the Forest Lake Village Shopping Centre - Short distance to the beautiful lake with walking tracks and playground - 3min drive to Richlands station and 25min ride to the City CBD - Ellen Grove is in a strategic position at the junction of 3 main highways (Logan, Centenary & Ipswich Motorways) This property has a big street frontage, 62 metres facing Waterford Road. It is zoned Emerging Community and located in the development corridor of Ellen Grove with some residential development already commenced next door and along the street. Easy access to train and Logan motorway, and public transport and many more. It is a suburb with many educational institutes in the area, eg. local primary and high schools such as Grand Avenue State School, Forest Lake State School, Forest Lake High School, St John's Anglican College. Only minutes drive from Forest Lake shopping centre, Inala shopping centre and further away is Mt Ommaney Shopping Centre & Fitness Centre. This is a great opportunity for land banking or development. With new house's and subdivided land sites selling in the area fast, don't miss out on this opportunity. Call Tina Guo on 0410 881 288 now to secure for your investment portfolio! Disclaimer: All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.