A 13.75 hectares parcel of land at 1 Rannock Av, Maclean is back on the market.

The land was originally developed as ‘River Glen’, a $51.93 million, 155 lot estate but had been in doubt after the owner of the site Global Capital Property Fund was placed into administration.

The site has now been advertised by RWC Qld, a Ray White Real Estate Special Projects department, solely focussed on the marketing and sale of residential development sites.

The site has been advertised as DA and CC approved for 155 residential lots (3 stages) including 6 duplex lots, with lots ranging in size between 400m²* to 1,152m²* (average 574m²*).
The advertisement says civil works have commenced and the land is primarily zoned ‘R2 Low Density Residential’ and ‘R3 Medium Density Residential’ and a range of alternate potential development options including land lease community (land lease communities are also known as manufactured home estates, lifestyle communities, or residential parks).
Expressions of Interest have been called and the closing date is Thursday, 28 November 2024 at 4pm.