Keperra Quarry to be transformed into residential community

A new masterplanned residential community could soon be coming to Keperra with the acquisition of a former quarry site by Frasers Property Australia. 

The 48.7 hectare site settled for $31 million and has an estimated gross domestic value of $234 million.

Following a community engagement program the site has approval for the development of a master planned residential community, with up to 700 homes to be built. Homes will consist of a combination of detached, low density and medium density terrace homes. It is estimated that 60 per cent of the 48.7 hectare site will be open green space.

The site, currently a quarry, is one of the most elevated areas of land in Brisbane, ranging from 80 to 190 metres above sea level, which general manager of Residential Queensland at Frasers Property, Scott Ullman says will result in some spectacular views.

‘The design for the master planned community is still being refined however most of the residential dwellings will be built between 100 and 145 metres above sea level. This will create some spectacular views to the Glasshouse Mountains,’ said Mr. Ullman.

In addition to the residential dwellings, parks, and conservation areas, a 7,000sqm neighbourhood retail and childcare centre is also planned for the development.

Frasers hopes to launch the design of the new community in 2021.

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