59 Orchard Terrace

This is a rare blue-chip landbank opportunity, offering secure rental income and strong long-term capital growth potential. 600sqm blocks in this tightly held pocket are extremely hard to find. Whether you’re looking to renovate, build, or invest, this is an opportunity not to be missed. With a solid hardwood timber home, it makes for an ideal long-term investment, or you may choose to remove and build a brand new home. The generous sized 602sqm block offers a wide 12.9m frontage which provides plenty of design options for a large home, yard, and a pool. Elevated, gently sloped, flood-free, and with no stormwater or sewer lines running through the site, it’s a clean, easy parcel to build on. Set in a quiet, tightly held pocket of St Lucia, this property enjoys a surprisingly peaceful setting just 5km from the Brisbane CBD. Tucked away from traffic, it offers a rare opportunity to live close to the city while still enjoying a sense of privacy and calm. Positioned close to some of Brisbane’s most sought-after schools including Ironside State School, Indooroopilly State High School, St Peters Lutheran College and Brisbane Boys' College, as well as the University of Queensland, this address will strongly appeal to families, investors, and those seeking to secure a foothold in one of Brisbane’s most desirable suburbs. Property Features: - 3 bedrooms, 1 bathroom postwar home - 602sqm block, 12.9m frontage - No easements, no flooding - Tenanted until 18 Jan 2027 at $680pw - Rates: $1,104.20 per quarter Location Highlights: - Ironside State School & Indooroopilly State High School catchment - St Peters Lutheran College & Brisbane Boys' College - University of Queensland - St Lucia Golf Links & Hundred Acre Bar - Hawken Drive restaurants & shops - Indooroopilly Shopping Centre - Lex Ord Park within walking distance