Offered to the market for the very first time, this much-loved three-bedroom cottage presents an exciting opportunity on 468sqm in one of South Brisbane's most connected inner-city locations. Held by the same family for generations, it combines an updated home you can enjoy today with genuine scope to renovate, build or explore the site's longer-term potential.
The home has been updated with a renovated kitchen and bathroom, creating a comfortable and practical base to move straight into. A patio at the rear provides an easy outdoor space to relax or entertain, while a double lock-up garage adds valuable off-street parking and storage. For those wanting to add their own touch, there is plenty of opportunity to renovate further and maximise the home and its position.
Zoned LMR2, the 468sqm site is where the opportunity really opens up. Recent Brisbane City Plan changes create greater flexibility to explore dual occupancy or subdivision, with the minimum dual occupancy site area reducing to 400sqm and minimum front lot size reducing to 120sqm. With frontage to Brook Street and additional rear access via Stephensons Lane, buyers have several exciting pathways to investigate: retain and renovate the existing cottage, build and maximise the site, or explore a broader subdivision or development outcome, all subject to Council approval and relevant planning requirements.
The location completes the picture. Positioned within the Brisbane State High School catchment and close to St Laurence's College and Somerville House, you're also moments from Mater Hospital, South Bank's parklands, dining and cultural precinct, and the Brisbane CBD. Whether the plan is to move straight in, renovate, build or investigate the broader development potential, this is a rare opportunity to secure 468sqm of LMR2 land in a prime South Brisbane position.
Best suited to families wanting an established home within the Brisbane State High School catchment, renovators looking to add value in a tightly held pocket, and builders or developers seeking a flexible LMR2 site close to the CBD.
A first-time offering pairing an updated cottage today with genuine flexibility on LMR2 land in inner South Brisbane.
• Updated three-bedroom cottage on 468sqm allotment
• First time offered to market in generations
• LMR2 zoning with exciting future potential
• Renovated kitchen and bathroom, ready to enjoy
• Rear patio providing additional outdoor living
• Double lock-up garage with additional storage
• Potential dual occupancy or subdivision options*
• Rear access available via Stephensons Lane
• Within Brisbane State High School catchment
• Moments from South Bank, Mater Hospital and Brisbane CBD
*Development and subdivision potential is subject to Brisbane City Council approval and all relevant planning, design, access and servicing requirements.
