OPPORTUNITY to Build a 123 Room Student Accommodation in Gatton
41 /Railway Street GATTON QLDExpressions of Offer
Description
We are pleased to present this approved development site located in the heart of the Gatton CBD. The proposed student accommodation is walking distance to all neighboring amenities including Coles and IGA supermarkets, banking branches for NAB and CBA, plus easy access to nearby pubs, restaurants and cafes, plus for the party goers four licensed hotels, and all the benefits associated with being very close to a bustling retail center.
Situated in this prime location, the student accommodation building opportunity offers a unique advantage, in that it is very close to the well-established Agriculture Focused University of Queensland (UQ) campus.
There is high-demand for student accommodations in Gatton due to the UQ campus student enrollments, with close to two-thirds of students seeking off-campus housing.
UQ campus currently caters to 2,200 plus students and over 400 staff members. UQ only offers 436 on-site beds and there is a long waiting list for these. As such a substantial shortfall in quality accommodation exists in the area.
This approved development comprises 123 ensuite rooms and a range of facilities with on-site amenities, including a café, a manager's office, a reception area, comfortable lounge and study spaces, a fully equipped student gym, a games room, a rooftop garden area with a pool and BBQ facilities, a shared kitchen and dining space, a convenient laundry facility, and ample on-site parking. Additionally the site enjoys the added advantage of dual street frontage.
Well known local builders McNab have already provided a quote sheet and cost estimation on this fast easy-to-construct complex.