286 Orange Grove Road, Salisbury
Presented by MAX REAL ESTATE
Positioned in a highly sought-after pocket of Salisbury directly opposite Aldi and surrounded by everyday conveniences, this rare 696m²* landholding presents a premium opportunity for investors, builders, and developers. Zoned LMR3, the site offers exceptional flexibility, strong growth potential, and significant future upside (STCA) within a rapidly evolving South Brisbane corridor.
Importantly, this is a prime rental location, underpinned by consistently strong demand due to its close proximity to Griffith University (Nathan Campus), nearby schools, hospitals, and major employment hubs. This ensures strong rental yields, low vacancy risk, and long-term tenant demand.
This site presents multiple high-performing development pathways, including:
Build up to 5 townhouses / terrace homes (STCA)
Subdivide into 2 separate lots for dual dwelling development (STCA)
Develop co-living homes designed as spacious 4-bedroom residences, maximising multi-occupancy potential and significantly boosting rental income (STCA)
Explore other medium-density residential outcomes under LMR3 zoning (STCA)
Key Distances & Nearby Amenities
Aldi approx. 50m* (directly opposite)
Salisbury Medical Centre approx. 700m*
QE II Jubilee Hospital approx. 1km*
Griffith University (Nathan Campus) approx. 1.3km*
Brisbane CBD approx. 12.7km*
Brisbane Christian College within walking distance
St Pius X Catholic Primary School within walking distance
Salisbury State School short drive
Investment Highlights
Prime rental location with strong tenant demand
High appeal to students, hospital workers, and professionals
Close proximity to Griffith University driving consistent rental demand
Strong potential for high-yield co-living or multi-dwelling configurations
Located in a high-growth, tightly held suburb with ongoing capital growth prospects
Land size: 696m²*
LMR3 zoning ideal for higher density residential development (STCA)
Excellent access to public transport, bus and rail networks
Surrounded by established retail, education, and medical infrastructure
A rare opportunity to secure a premium LMR3 site with multiple development strategies and exceptionally strong rental demand fundamentals in a blue-chip Salisbury location.
PLEASE CONTACT DAX PATEL ON 0452 507 178 OR SURESH KUMAR ON 0432 155 356 TO DISCUSS OR TO ORGANISE AN INSPECTION.
*Approximately
^Subject to Council Approval
Disclaimer:
While Max Real Estate Greater Springfield has taken all reasonable measures to ensure the accuracy of the information provided in this advertisement, it accepts no liability and disclaims all responsibility for any errors, omissions, inaccuracies, or misstatements contained herein. Prospective buyers are advised to independently verify the information through their own independent research.
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