Zoning - Corinda - Brisbane

[iinvestor]

Hi,

Recently bought an old property sitting in the middle of 2 x subdivided lots. Looking at the zoning on

http://olr13.brisbane.qld.gov.au/website/MN_CP/index.htm?

it states the property is zoning LR. Just 100m down the road, i have seen apartments and the zoning as per the above website is LMR.

Q: what should i do with this property? Get rid of the old house and construct 2 brand new houses and sell? Or wait for council hoping the zoning would be changed? How do i find out if there is a possibility of this happening in the new future?

Any input is much appreciated.

 

[RPI]

Firstly see if zoning is about to change
http://draftnewcityplanmaps.brisbane.qld.gov.au/CityPlan/

Also see if it is a neighbourhood plan as this can change use also

 

[iinvestor]

thanks for that. The zoning has not changed, lets just hope it does. Not sure what to look for in the neighbourhood plan, nothing mentioned about any future plans in Corinda.