This rare 1,902sqm corner landholding offers an unparalleled development opportunity within Brisbane's most prestigious inner-city precinct. Comprising three existing residences, the site is positioned for a landmark transformation that capitalises on its expansive 80-meter dual frontage.
Investment Highlights: Exceptional corner presence with significant frontage across Mountford Road and Turner Avenue. Surrounded by high-end boutique developments, providing a clear pathway for architectural innovation.
Immediate proximity to the Brisbane River (CityCats), Merthyr Village, and the upcoming Little Lane precinct ensures lifestyle and long-term capital appreciation. Residents will enjoy an array of cafés, restaurants, wine bars, cinemas and boutiques. The upcoming Little Lane retail and culinary development is just a short stroll away, set to feature acclaimed venues including Idle Bakery, Green Cup, Johnny Gio's and Ruma Rooftop. The beloved New Farm Deli and The Officers Mess further enhance the neighbourhood's charm. New Farm Park's manicured gardens, the Brisbane Powerhouse and the picturesque Riverwalk are all within easy reach, as are the vibrant Howard Smith Wharves and James Street precincts.
Easy access to Brisbane's elite private schools including All Hallows' School, Holy Spirit Catholic School, New Farm State School, Brisbane Grammar School, Brisbane Girls Grammar School and Saint Joseph's College. QUT's Kelvin Grove and Gardens Point campuses, along with UQ's St Lucia campus, are also conveniently accessible.
Whether you decide to renovate the existing homes or redevelop the entire site**, the flexibility on offer is exceptional. You may choose to design and construct a landmark residence** or secure the property as a strategic landholding to maximise future income or development potential. Regardless of your vision, the rewards of this unrivalled location are undeniable.
This is a generational asset offering the flexibility to either develop a flagship multi-residential project** or retain as a high-yield strategic landholding.
** = Subject to Council Approval
Please note: There will be no access inside the houses during scheduled Open Home inspections.
Additional Information
Council Rates
14M: $2,138.05 approx. per quarter
20M: $1,885.00 approx. per quarter
24M: $1,964.40 approx. per quarter
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.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
