Prime Inner-City Development Opportunity on 834m²
Positioned in one of Annerley’s most connected and rapidly evolving pockets, this substantial 834m² holding presents an exceptional opportunity for developers, builders, land bankers and visionary buyers seeking a blue-chip redevelopment site just moments from the CBD. With an engineer’s report addressing the structural integrity of the existing dwelling, the property presents potential as a knock-down redevelopment opportunity (subject to council approval). The true value lies in the land itself, along with the favourable zoning and future development potential. Surrounded by ongoing residential renewal and positioned within a high-demand inner-city growth corridor, the property offers enormous scope to capitalise on Brisbane’s continued expansion. According to the Town Planning Investigation prepared for the property, the site is situated within the Low-Medium Density Residential Zone (2 or 3 Storey Mix Precinct) under the Brisbane City Plan 2014, with future inclusion anticipated within the updated Low-Medium Density Residential Zone (3 or 4 Storey Precinct) under the Citywide Amendment – More Homes, Sooner initiative. The planning advice identifies a range of potential code assessable development outcomes including: • Multiple dwellings such as townhouses, units or row housing • Dual occupancy development • Rooming accommodation • Subdivision or reconfiguration opportunities (subject to council approval) • Future low-to-medium scale residential redevelopment opportunities The report further notes that the site is located within the Urban Footprint and Priority Infrastructure Area, enhancing its appeal for future redevelopment. Convenience is another standout feature of this offering. Positioned moments from Fairfield and Dutton Park train stations, the Eleanor Schonell Bridge, PA Hospital, The Gabba precinct, University of Queensland and the Brisbane CBD, the location is exceptionally well suited to future residential demand. The elevated inner-south setting continues to experience strong buyer and tenant interest due to its lifestyle convenience and infrastructure connectivity. Opportunities of this scale and zoning flexibility within such close proximity to the CBD are increasingly difficult to secure. Whether you are looking to develop immediately or landbank for future upside, this is a rare chance to secure a substantial inner-city parcel with genuine long-term potential. Features Include: • 834m² corner allotment in prime inner-city Annerley location • Existing dwelling to be removed – subject to council approval • Low-Medium Density Residential Zone (2 or 3 Storey Mix Precinct) • Potential future uplift to 3 or 4 storey precinct zoning • Suitable for multiple dwelling, townhouse or dual occupancy outcomes (STCA) • Potential subdivision/reconfiguration opportunities (STCA) • Positioned within the Priority Infrastructure Area • Easy access to rail, hospitals, universities and the CBD • High-growth location surrounded by ongoing redevelopment • Exceptional opportunity for developers, builders and investors Disclaimer: All development potential outlined is subject to Brisbane City Council approval. Buyers are encouraged to undertake their own due diligence and seek independent town planning advice. Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
