Why you'll love it:
Currently approved for demolition, formerly Res BR4 Zone, this exceptional 862sqm parcel is in a tightly held precinct and highly sought-after area, presenting a rare and versatile opportunity in the heart of Highgate Hill.
Redevelop into luxury multi-storey apartment project of approximately 4-5 storeys (STCA), capitalising on the site's exceptional elevation, scale and premier inner-city positioning. Comprising of six existing flats and generating a combined income approximately $156,000 per annum in holding income, the property offers immediate returns while you plan its next chapter.
Positioned within the highly sought-after Brisbane State High School and West End State School catchments, and just moments from the iconic The Greek Club and Emporium Hotel South Bank, this elevated address captures commanding views in an unbeatable inner-city location—only minutes from Brisbane CBD, South Bank, West End and an exceptional array of lifestyle amenities.
Whether you choose to landbank as a blue-chip inner-city investment, redevelop or enhance the existing flats, the possibilities here are truly outstanding. Opportunities of this scale and positioning in Inner City are very rare—secure your piece of Highgate Hill gold!
Key features:
• Prime 862sqm parcel in tightly held Highgate Hill
• Approved for demolition – ready for immediate redevelopment
• Significant potential development upside (STCA) for 4–5 storeys or more
• Existing holding income of approximately $156,000 p.a.
• Comprising six flats providing strong interim cash flow
• Elevated position capturing sweeping, commanding aspects
• Blue-chip inner-city location just minutes to Brisbane CBD, South Bank and West End
• Within sought-after school catchments including Brisbane State High School and West End State School
• Exceptional landbank opportunity with future growth potential
• Rare large-scale development site in Brisbane's inner-city fringe
Best suited for:
Ideal for developers, or strategic investors seeking a high-impact inner-city site in Highgate Hill with strong holding income and exceptional redevelopment upside.