Maybe bring the development range into the 10klm from the CBD.LMR SITES for 2-3 townhouses depending on the area start from 600k upwards
depending on site-plumbing elec problems new power poles ect and are sometimes you will find out later if you walk into development blind ,talk to any old Greek developer and all will tell you ,you make the money when you buy the site..
Absolutely I've looked at this as well, areas like- Mount Gravatt East, Moorooka, Annerley, Norman Park, only problem is most are getting snapped up real fast the competition is fierce.