Recently rezoned HDR, this 604m2 allotment with an expansive 20-metre frontage presents the ideal opportunity for a new multi-unit residential development or up to 3 separate allotments with street frontage.*
Just 7km from Brisbane's CBD, the site is ideally located opposite Cannon Hill Plaza, bus interchange, and Homemaker Centre (with Bunnings). Town planning advice indicates the site is suitable for a small apartment building (recommended 8 or 9 x 1-bedroom units over two levels) plus 10 parking spaces on the ground floor. Alternatively, scope exists for 3 individual townhouses or 3 separate allotments with street frontage.*.
Currently accommodating a leased 3-bedroom post-war home until January 2026, the property's holding costs can be minimised during the planning and approval stages. Alternatively, investors may wish to landbank with a view to future development (potentially procuring post-war properties on either side to enable a much larger project).
Either way, this versatile land parcel is a rare offering.
Location Highlights
-4 min walk to bus station- express connections to CBD, universities, northern and southern suburbs -Walking distance to Cannon Hill or Murarrie Train stations
-5 min walk to Coles, Woolworths, Aldi, Kmart, fresh food grocers, specialty stores and banks
-4 min walk to cafes, huge selection of eateries including Guzman and Gomez, Grill'd, & sushi
-3 min walk to medical centres, pharmacies, fitness amenities, vet, Bunnings, Rebel Sport, Pillowtalk
-Approx 5 min drive to Cannon Hill State School, St Oliver Plunkett primary or Cannon Hill Anglican College; coveted Balmoral State High School catchment
-Stroll to parkland, scenic bushland walking tracks and recreational reserves
-5-minute drive to the new Minnippi public golf course and driving range
-8-minute drive to Westfield Carindale with Myer, David Jones, Target, and cinemas
-Swift access to the CBD, Airport, Moreton Bay and Gold or Sunshine Coast via nearby arterial roads
-7km to the CBD; 2km to the Gateway Motorway on-ramp North and Southbound
Property highlights at a glance:
-HDR- zoned 604m2 allotment with 20m frontage & 30m depth; Multi Unit Development potential
-Current 2-level 1970's-built post-war home (leased until January 2026) may be removed*
-3 bed 1 bath, hardwood floors, ceiling fans, large deck & fully fenced yard; 2 car garage
-Town planning advice indicates the site is suitable for a small apartment building (8 or 9 x 1-bed units over
two levels) plus 10 parking spaces, 3 townhouses or 3 separate allotments with street frontage*.
-Option to landbank for future development (potentially procuring properties on either side to enable a larger project).
-The primary site issue identified is garbage collection. The council policy is generally onsite collection but
there is not enough room for 16 x 240L individual bins on the 20 m frontage; so a management policy of
shared waste bins will be required. Shared collection using 12 x 360L kerbside bins will leave an adequate 8
metres for the driveway.
-Council/ Town planning reports are available upon request,
Inspection by appointment only.
*All subject to Brisbane City Council Approval
