Case Study - 317 Mons Road, Forest Glen

Page 1

J U S T S O L D - C A S E S T U DY

TYPE DEVELOPMENT

NLA 4,641M2

SOLD 10/02/21

ENQUIRY 1

OFFERS 1

SALE PRICE $2,343,705

MARKETING $0

STRATEGIC SITE

317 MONS ROAD, FOREST GLEN QLD 4556 Forest Glen is experiencing a high volume of activity through developments, infrastructure upgrades and land sales. It’s no surprise the vacant site on the corner of Mons Road and Owen Creek Road was targeted by a key business in the area. The site is well positioned to capitalise on the local infrastructure upgrades and new developments taking place over the next couple of years. Due to this, the site lends itself to a number of uses and it will be great to see further activity generated in the area. Working closely with developers and local businesses, our team was able to secure an off market deal on this site and we have additional clients looking for sites in the area. While there is currently a shortage of land across the coast, vendors are capitalising and selling land at a premium. Michael Shadforth states “We are experiencing unprecedented demand for land across the Sunshine Coast at the moment. The current stock is tightening and developers/owner occupiers are finding it difficult to secure a block.”

SAMUEL HOY 0423 795 273

SALES & LEASING EXECUTIVE samuel.hoy@raywhite.com

MICHAEL SHADFORTH 0488 981 076

DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com

DAVID GOLDSWORTHY 0481 996 794

SALES & LEASING EXECUTIVE david.goldsworthy@raywhite.com

raywhitecommercialnortherncorridorgroup.com.au


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