Positioned within one of Brisbane's most tightly held and rapidly transforming inner-city precincts, this fully approved development opportunity delivers the exact fundamentals sophisticated developers actively pursue scale, approval certainty, income potential and an irreplaceable location just minutes from the CBD.
Opportunities of this calibre in Stones Corner are exceptionally rare. With an impact-assessed Development Approval already secured, the significant planning risk, holding uncertainty and approval timelines have already been removed, allowing the next owner to move directly toward delivery.
Set across approximately 1,452m² of prime inner-city land with prominent frontage to Old Cleveland Road, the site sits within a proven high-demand residential and commercial corridor surrounded by established amenities, transport infrastructure and ongoing urban renewal.
This is not a speculative landholding this is a shovel-ready development platform in one of Brisbane's strongest performing infill locations.
Approved Development Metrics (What Developers Care About)
Development Approval for 22 residential units
Approved childcare centre component providing strong income diversification potential
53 approved car parks supporting both residential and commercial uses
Approx. 1,452m² site area
Impact-assessed approval significantly reducing planning risk
Mixed-use outcome aligned with council growth strategy
High-exposure arterial road position
Immediate access to transport, retail and lifestyle infrastructure
This approval configuration creates multiple exit strategies build-to-sell, build-to-rent, staged delivery or hold-and-income models.
Why Developers Are Targeting Stones Corner
Stones Corner continues to experience accelerated redevelopment driven by Brisbane's population growth and the ongoing migration toward well-located inner-ring suburbs.
Key fundamentals driving feasibility include:
Minutes to Brisbane CBD
Strong unit absorption rates across inner-south precincts
Growing demand for childcare services within high-density catchments
Established retail and dining precinct nearby
Major transport connectivity and walkability appeal
Limited remaining development sites of meaningful scale
Large, approved sites in this location are becoming increasingly scarce as surrounding parcels are consolidated and delivered.
Income + Density Advantage
The inclusion of an approved childcare component introduces a highly attractive commercial element, offering:
Potential pre-lease opportunity
Early income stabilisation
Enhanced project feasibility
Broader buyer and funding appeal
This dual-use approval is a key differentiator rarely achieved within comparable inner-city sites.
A Rare "De-Risked" Development Opportunity
Most development sites require years of planning, negotiation and approval risk. Here, the heavy lifting has already been completed.
Developers can immediately focus on:
Design optimisation
Builder engagement
Funding structuring
Pre-sales or leasing strategy
Accelerated project delivery
In today's market, time certainty equals profit certainty making approved projects increasingly sought after by experienced operators.
Investment Summary
This offering represents a strategic acquisition within Brisbane's expanding inner-south growth corridor combining approval certainty, diversified income potential and long-term capital upside in a location where future supply is limited.
Serious development opportunities with this approval profile rarely reach the open market.
Expressions of Interest Invited
Full approval documentation, plans and due-diligence materials available upon request.
Contact Altora today to secure the complete developer information pack.
