87 Walker Street

Taringa QLD 4068

House

Currently for sale - view listing

Overview

DA-Lodged Boutique Townhouse Development Opportunity – Prime Inner-West Brisbane

DA-Lodged Boutique Townhouse Development Opportunity – Prime Inner-West Brisbane **Australian Commercial & Residential Group** is pleased to present **87 & 87A Walker Street, Taringa** to the market via Expressions of Interest. Positioned within one of Brisbane's most tightly held and supply-constrained inner-west precincts, this exceptional **1,760m²** development opportunity offers a rare chance to secure a **DA-lodged boutique townhouse project** in the heart of the highly sought-after Indooroopilly growth corridor. The approved design comprises **11 architecturally designed four-storey townhouses**, delivering a premium owner-occupier product ideally suited to today's market. Designed by **Verve Design Group**, the scheme includes **nine 3-bedroom and two 4-bedroom residences** ranging from approximately **194m² to 280m²**, featuring private double garages, rooftop terraces, contemporary subtropical architecture and outstanding street appeal across dual frontages to Walker Street and Waverley Road. Located just **8km from the Brisbane CBD**, approximately **700 metres from Taringa Train Station**, and within minutes of Indooroopilly Shopping Centre, The University of Queensland, leading schools and major employment hubs, the project benefits from strong underlying demand from owner-occupiers, professionals and downsizers seeking premium low-maintenance living. For developers, the opportunity presents a significantly de-risked pathway to delivery, with a Development Application already lodged and a project specifically designed to capitalise on the continued strength of Brisbane's premium townhouse market. The Information Memorandum outlines a projected **Gross Realisation Value of approximately $20.6 million**, supported by comparable premium townhouse sales within the immediate locality. ### Key Investment Highlights * 1,760m² development site with valuable dual street frontage * Development Application lodged for 11 premium townhouses * Designed by renowned Verve Design Group * Premium 3 and 4-bedroom product targeting the owner-occupier market * Approximately 8km from Brisbane CBD * Walking distance to Taringa Train Station * Close to Indooroopilly Shopping Centre, UQ and major lifestyle amenities * Strong feasibility supported by premium comparable sales * Rare opportunity within one of Brisbane's most established and tightly held residential precincts This is an outstanding opportunity to acquire a premium development site with planning already well advanced, allowing developers to accelerate delivery in one of Brisbane's highest-performing residential corridors. **For further information or to arrange access to the Information Memorandum, contact Australian Commercial & Residential Group.**