Key Brisbane development site on the market to go for $100M

30/10/2014 12:48 am

A major development site that will open up a planned Brisbane residential zone is on the market with reports that it could sell for over $100M.

Brisbane Development Site

 

The sale of two sites totalling 25ha on the Brisbane River’s southern bank — home to Parmalat’s dairy factory — is set to unleash the urban renewal of Kurilpa and residential masterplanning for an anticipated 11,000 future residents.

Brisbane City Council’s draft Kurilpa masterplan is set to amend the industrial zone and provide an extension to the CBD in the city’s  largest urban development site.