Prime City-Fringe Development site – DA Approved for House Demolition
Offering scale, location and significant redevelopment potential, this substantial 834m² corner allotment has an approved DA to demolition the house, ready for your next unit/townhouse or subdivision project. This property represents an exciting opportunity in one of Annerley’s most connected and rapidly evolving pockets.
Just moments from the Brisbane CBD, the property will appeal to developers, builders, land bankers and visionary buyers looking to secure a blue-chip inner-city holding with genuine long-term potential.
With the underlying value centred around the generous landholding, favourable zoning and future development possibilities, the site provides an opportunity to capitalise on the continued growth and residential renewal occurring throughout Brisbane’s inner south.
A Town Planning Investigation prepared for the property confirms that the site is currently situated within the Low-Medium Density Residential Zone (2 or 3 Storey Mix Precinct) under the Brisbane City Plan 2014. The report also anticipates future inclusion within the updated Low-Medium Density Residential Zone (3 or 4 Storey Precinct) under the Citywide Amendment – More Homes, Sooner initiative.
The planning advice outlines a number 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
Further adding to the site’s redevelopment credentials, the report identifies the property as being located within both the Urban Footprint and Priority Infrastructure Area.
The location further strengthens the appeal of this substantial landholding. Fairfield and Dutton Park train stations, the Eleanor Schonell Bridge, PA Hospital, The Gabba precinct, University of Queensland and the Brisbane CBD are all within easy reach, providing excellent access to major employment, education, transport and lifestyle destinations. Combined with its elevated inner-south position, the area continues to attract strong buyer and tenant interest due to its convenience and infrastructure connectivity.
With substantial inner-city sites offering this level of zoning flexibility becoming increasingly difficult to secure, the property presents an opportunity to consider both immediate redevelopment and longer-term land banking. Surrounded by ongoing redevelopment and positioned within a high-demand growth corridor, this is a rare opportunity to secure 834m² of inner-city Annerley with considerable future potential.
Features Include:
• Substantial 834m² corner allotment in inner-city Annerley
• Existing dwelling to be removed – DA approved
• 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
• Convenient access to rail, hospitals, universities and the CBD
• High-growth location surrounded by ongoing redevelopment
• Outstanding opportunity for developers, builders and investors
Disclaimer:
The house on this property has been DA approved for demolition. AI has been used to remove the house from some images to show the development opportunity. 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.
