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40 Armadale St

St Lucia QLD 4067

3
1
1
0 m²
607 m²
House
Currently for sale - view listing

Overview

Landbank, Invest or Explore the Development Potential in Prime St Lucia

ON SITE AUCTION 21ST NOVEMBER 2026 @12.00PM An Outstanding Opportunity for Investors, Land Bankers and Developers! Positioned in one of Brisbane's most sought-after inner-west suburbs, 40 Armadale Street presents an exciting opportunity to secure a substantial **607sqm landholding** with excellent investment appeal and future possibilities. Situated within a LMR2 Low-medium density residential (3 or 4 storey mix), the property offers buyers the opportunity to investigate a range of residential development options, including potential increased building heights, subject to Brisbane City Council approval and applicable planning controls. Whether you're looking to landbank for future growth, secure an investment property, renovate the existing home or explore redevelopment opportunities, this property offers flexibility in a highly desirable location. The existing three-bedroom home provides immediate liveability and potential rental income, allowing buyers to hold the property while considering their long-term plans. Property Highlights - Generous 607sqm allotment with approximately 15m frontage - LMR2 Low-medium density residential (3 or 4 storey mix - Opportunity to investigate future residential development potential (STCA) - Ideal for investors, land bankers, renovators and developers - Existing three-bedroom, one-bathroom home - Potential to generate rental income while holding the property - Timber flooring and established leafy surroundings - Convenient location in a highly desirable inner-west suburb Prime Location and Convenience at Your Doorstep St Lucia is renowned for its proximity to leading educational institutions, shopping destinations, public transport and lifestyle amenities. - Walking distance to local shops, cafes, parks and bus stops - Within the Ironside State School and Indooroopilly State High School catchments - Minutes from St Peters Lutheran College, Brisbane Boys' College, QASMT, Brigidine College and the University of Queensland - Approximately 4 minutes' drive to Toowong Village and Toowong Railway Station - Approximately 6 minutes drive to Indooroopilly Shopping Centre - Approximately 6km to Brisbane CBD Secure the Land. Explore the Possibilities. With its substantial landholding, established location and potential for future residential development, 40 Armadale Street presents an appealing opportunity for buyers looking beyond the existing residence. **Landbank it. Invest in it. Renovate it. Or explore its development potential.** Opportunities to secure well-located residential land in St Lucia deserve serious consideration. **Disclaimer:** Information is provided in good faith from sources believed reliable, without warranty as to accuracy or completeness. Measurements, floor plans, images and travel times are indicative only. Some photographs have been digitally enhanced, virtually staged or edited for presentation purposes. Zoning and development potential are subject to relevant planning controls and approvals (STCA). Bective Pty Ltd t/a LJ Hooker St Lucia and the seller accept no liability for reliance on this information. Buyers should conduct their own enquiries and seek independent professional advice.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
607 m² lot size
House

Property history for 40 Armadale St

2022
Rented
Undisclosed
Leased on 30 Nov 2022 by Ray White Calamvale
2021
Rented
Undisclosed
Leased on 01 Nov 2021 by Ray White Calamvale
2020
Rented
Undisclosed
Leased on 11 Oct 2020 by Ray White Robertson

Happy sellers in St Lucia

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

St Lucia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in St Lucia over the last 12 months.

Local market activity for 3 bedroom houses in St Lucia

In the last 12 months, 13 three-bedroom houses similar to 40 Armadale St, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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