123 Thynne Road
Morningside, QLD 4170

Overview

123 Thynne Road Morningside QLD 4170

This property presents a rare opportunity to acquire a large Low-Medium Density Residential (LMR) zoned parcel of land with exceptional development potential in one of Brisbane's most desirable neighborhoods. The existing post-war two-bedroom residence has been meticulously maintained, providing a reliable holding income for buyers interested in land banking or pursuing redevelopment options on the site.

Strategically located, the property offers an unparalleled lifestyle advantage. It is within walking distance to the Wynnum Road Shopping precinct, providing convenient access to a variety of shops and services. Additionally, it is a short drive from the renowned Oxford Street, known for its vibrant cafes, restaurants, boutiques, parklands, grocery stores, hotel, and cinema, enhancing the appeal for future residents or investors.

Potential future uses for the site include the development of a large prestige homesite, subdivision, or the construction of units or townhouses, subject to council approval (STCA). The Brisbane City Council is currently considering a favorable amendment to the city plan under the “More Homes Sooner Review,” which proposes increased height limits for LMR zoned sites such as this one. Interested parties are encouraged to consult the council website for further details.

Large LMR holdings in blue-chip suburbs like this are becoming increasingly scarce, making this an outstanding opportunity to secure a medium-sized site with significant potential. The property features a wide frontage and a flat block, which are advantageous for development purposes. Essential infrastructure such as sewer and stormwater connections are already available on the block.

Key features of the property include:

• LMR Zoning
• Wide Frontage
• Flat Block
• Blue Chip Suburb
• Neat House Providing Holding Income
• Sewer and Stormwater Connections on Site

The location offers excellent proximity to key amenities, including:

• Bus Stop - 50 meters
• City Park - 50 meters
• Wynnum Road Shopping Precinct - 400 meters
• Balmoral State High School - 500 meters
• Morningside Train Station - 800 meters
• Oxford Street - 1.7 kilometers

Disclaimer: While every effort has been made to ensure the accuracy of the information provided in this marketing material, the listing agent and associated parties accept no responsibility for any errors or omissions. All details are considered correct at the time of publication.

Location