40, 71, 81, 91 Greentree Crescent
Forest Lake, QLD 4078

Overview

Seeking Expression of Interest

This property represents one of Brisbane's rare remaining infill acreage development opportunities located in the highly sought-after suburb of Forest Lake. Situated within an established residential area approximately 18 kilometers from Brisbane's central business district, this unique offering comprises a consolidated land assembly of four individual lots, providing significant scale and development potential.

The site includes the following individual lots:

• 71 Greentree Crescent, approximately 10,170 square meters (1.02 hectares)
• 81 Greentree Crescent, approximately 10,450 square meters (1.04 hectares)
• 91 Greentree Crescent, approximately 10,470 square meters (1.05 hectares)
• 40 Greentree Crescent, approximately 11,240 square meters (1.12 hectares)

The combined land holding totals approximately 42,330 square meters (4.23 hectares), making it an exceptionally rare contiguous land parcel within a fully developed suburb. This scale of land is highly attractive for medium-density or staged residential development projects, subject to council approval.

The property is located within the Brisbane City Council jurisdiction and is currently used for residential and acreage residential holdings. It is identified as a last remaining acreage enclave with promising development potential.

Potential planning outcomes, subject to council approval, include:

• Low to medium density residential subdivision
• Townhouse or terrace housing developments
• Boutique masterplanned community projects

Indicative planning overlays affecting the site include flood overlays related to creek and waterway overland flow, as well as bushfire hazard overlays. No heritage constraints have been identified. These overlays are typical for large infill sites and can be effectively managed through appropriate design, engineering, and planning strategies.

The location offers excellent connectivity and access to key transport infrastructure, including easy access to the Centenary Highway and Logan Motorway. Public transport options include bus routes servicing Forest Lake with connections to Brisbane CBD and proximity to Richlands railway station for rail access.

Educational facilities within close proximity include Forest Lake State School, Forest Lake State High School, Grand Avenue State School, and St John's Anglican College, making the area attractive for families.

Lifestyle amenities are abundant, with Forest Lake Shopping Centre just minutes away and Indooroopilly Shopping Centre a short drive. The area also offers a variety of dining, medical, and community services, as well as lakes, parklands, and walking trails within an established family-oriented community.

Investment highlights of this offering include:

• A consolidated landholding of 4.23 hectares
• Located within a fully developed suburb presenting an infill opportunity
• Situated in a strong population growth corridor in South-West Brisbane
• Immediate access to transport, schools, and retail amenities
• Existing dwellings on site provide holding income potential
• Identified future development upside, subject to council approval

This opportunity is considered once-in-a-generation, offering a strategic acquisition in a built-out Brisbane suburb where future land supply is constrained and demand for new housing continues to grow. Whether developed as a boutique subdivision or a medium-density residential project, this land assembly on Greentree Crescent offers significant long-term potential.

Change History

Location