Moreton Bay Superlot Expected to Top $300m

Goldfields is putting a huge swathe of development-ready land on the block in one of South-East Queensland’s major growth belts, north of Brisbane.

The mixed-use superlot—with capacity for up to 1400 residential lots—has a price expectation upwards of $300 million.

The Melbourne-based developer holds a controlling stake in the syndicate bringing the 181ha freehold site at Elimbah—identified as a key development area within the Moreton Bay Region—to market.

About 54km north of the Brisbane CBD, it sits at the intersection of Pumicestone and Clinker roads and is greenlit for a masterplanned community.

Development approval is in place for the first 288 residential lots.

As well, there is more than 25ha zoned for mixed industry and business land uses—including an approved 4ha service centre site—and a 26.3ha general industrial allocation.

The englobo site is being jointly marketed by Ray White Special Projects Qld and Cushman & Wakefield.

“This is a landmark opportunity in terms of both scale and strategic positioning,” Ray White’s Tony Williams said.

“The combination of residential, business, and industrial zoning, with approvals already secured, sets this apart as one of the most compelling land offerings currently available in Queensland.”

▲ An aerial view of the 181ha mixed-use development site at Elimbah, about 54km north of the Brisbane CBD.

 The Goldfields-led syndicate has committed to delivering external trunk services, including water and sewer connections, ensuring the site is fully serviced by early 2027.

Cushman & Wakefield’s Morgan Ruig said the site’s infrastructure readiness and zoning mix made it especially attractive for developers with a long-term view.

“Working on about $300 per square metre for the industrial and about $140,000 a block for the residential, we think it’ll fetch early to mid $300 millions,” he said. 

“It’s in a massively growing area and that residential market as well as the industrial market are just humming, so we imagine it’s going to be pretty hotly contested.

“This is a rare instance where residential, industrial, and business land are approved and integrated into one estate, with significant frontage and direct access to major transport infrastructure.”