This substantial 809sqm site presents an outstanding redevelopment opportunity in the heart of St Lucia, one of Brisbane's most tightly held and consistently high-performing suburbs.
The existing post-war home is being offered primarily for its land value and exceptional development potential. Surrounded on three sides by established unit developments and enjoying beautiful park views (with the potential for city views if you can get approval to build high enough), the property offers a rare combination of redevelopment opportunity and an attractive outlook.
Zoning is low-medium density residential (2 or 3 storey mix). Subject to Brisbane City Council approval, there is potential to subdivide, redevelop or explore a range of other possibilities. Buyers are encouraged to undertake their own investigations to determine the site's full potential.
The location is difficult to beat:
Approximately 300 metres to Guyatt Park Ferry Terminal and CityCat services
One CityCat stop to West End and three stops to the City (about 20 minutes)
Buses 402 and 412 to the city
Less than 600 metres to the University of Queensland.
Under 2km to Toowong Village and rail station
Around 3km to Indooroopilly Shopping Centre
Approximately 6km to the Brisbane CBD via Coronation Drive or the riverside bikeway
Walk to childcare centres, kindergartens
Ironside State School, Indooroopilly State High & St Peters Lutheran College catchment area
Local shops and restaurants at Mitre Street, Gailey Five Ways and Hawken Drive
Opportunities like this are becoming increasingly rare. Whether you're a developer, builder or investor looking to secure a prime landholding in one of Brisbane's strongest growth suburbs, this property deserves your attention.
I'd be delighted to meet you on site, discuss the property's potential and give you a personal tour.
