Back 35 Steele Street
Off Market

35 Steele Street

Holland Park QLD 4121

3
1
5
647 m²
House
Last sold for $1,400,000
Kevin ChiuKevin Chiu, last sold this property on 16 October 2025 after 189 days on market.

Overview

Holland Park's Ultimate LMR2 Development Jackpot

Welcome to 35 Steele Street, Holland Park - a rare opportunity in one of Brisbane's most sought-after suburbs. Sitting on a spacious 647m² block with LMR2 zoning, this property offers incredible flexibility and potential, whether you're looking to develop, invest, or landbank for the future. Unmatched Development Possibilities This property falls under Low to Medium Density Residential (LMR2) zoning, allowing for multiple development opportunities (subject to council approval): 1. Subdivide the land and build two new residences. 2. Construct a boutique townhouse development to maximise the block's potential. 3. Develop a multi-unit complex with two or three stories to take full advantage of the zoning. 4. Raise and renovate the existing home while adding a secondary dwelling or extension. A Home Ready to Move In or Lease Out For those not looking to develop immediately, this property still presents an excellent opportunity. The existing home is in great condition and has been recently renovated, making it perfect for: • Owner-occupiers who want to live in a well-maintained home while securing a future development site. • Investors looking for strong rental returns while land banking in a high-growth suburb. Unbeatable Location • Short walk to the Homemaker Centre, shopping, and dining options. • Minutes to public transport with easy access to Brisbane CBD. • Close to top-rated schools, parks, and lifestyle amenities. A Future-Proof Investment Whether you choose to develop now or hold for future capital growth, this property offers exceptional value and flexibility in one of Brisbane's booming suburbs. Contact Kevin Chiu today for more details or to arrange a private inspection! Disclaimer: All development opportunities mentioned are subject to Brisbane City Council approval. Buyers are encouraged to conduct their own due diligence regarding zoning, subdivision, and development potential. The information provided is for general guidance only and should not be relied upon without independent verification. The seller and agent make no guarantees or warranties regarding future development outcomes. Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not 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.

Features

3 bedrooms
1 bathroom
5 carspaces
4 open car spaces
1 garage space
647 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Holland Park over the last 12 months, the estimated median property value of 35 Steele Street is $1.41m.

Median value
$1.41m
Estimated value range
$620k - $2.05m
Median days on market
21
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Holland Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 35 Steele Street

2026
Rented
Undisclosed
Leased on 24 Feb 2026 by Ray White Holland Park
2025
Sold
$1,400,000
Private Sale/Treaty on 16 Oct 2025 by Kevin Chiu, of Ray White Rochedale
2024
Sold
$1,160,000
08 Sep 2024 by Kevin Ahn, of LJ Hooker Property Partners - Sunnybank Hills

Happy sellers in Holland Park

88%
88% of sellers in Holland Park reported that their sale price either exceeded or met their price expectations.

Holland Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Holland Park over the last 12 months.

Local market activity for 3 bedroom houses in Holland Park

In the last 12 months, 47 three-bedroom houses similar to 35 Steele Street, have been sold.

This represents a 5% increase in three-bedroom houses sales when compared to the previous 12 months.

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