Pictured above: 62 Coal Road, Chuwar
A former motocross racing and training facility site in Chuwar, in Queensland’s Ipswich region, has been brought to market, offering significant development potential, with Savills being appointed to the sale.
The significant Englobo landholding at 62 Coal Road, Chuwar, spans 47 acres and, until recently, was the location of the 19Ha Tivoli Raceway motocross racing and training facility.
The property, which is situated within the Ipswich growth corridor, just 5.5km northeast of Ipswich CBD and 38km from the heart of Brisbane City, is proposed to be rezoned as ‘Emerging Community’ under the draft Ipswich City Plan 2024.
Robert Dunne, Director of Commercial Sales at Savills, commented on the development outcomes, saying, “The Tivoli Raceway site, under the proposed rezoning, offers numerous potential development outcomes."
“The site’s tranquil, yet conveniently connected location offers a prospective buyer the opportunity to acquire a significant landholding," added Dunne.
Chuwar’s serene suburban feel and proximity to both Ipswich and Brisbane CBD, offers residents easy access to a wide range of amenities, from shops, boutiques, eateries and entertainment, as well as healthcare and education options. Its strategic location ensures effortless connectivity via the Warrego Highway and other major roads and arterials.
Ipswich itself is the fastest growing city in Queensland, with the local government predicting its population is set to double over the next two decades, making the suburb a true epicentre of residential growth.
