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Overview
New Farm Development Opportunity Comprising of a Rare 1,902sqm Landholding
This exceptional 1,902 square meter corner landholding in Brisbane's prestigious inner-city precinct presents a unique development opportunity. The site includes three existing residences and boasts an expansive 80-meter dual frontage, offering significant potential for a landmark transformation.
The property enjoys a commanding corner presence with substantial frontage along Mountford Road and Turner Avenue. It is surrounded by high-end boutique developments, providing an ideal setting for architectural innovation and a premium lifestyle.
Residents will benefit from immediate proximity to the Brisbane River and CityCat ferry services, Merthyr Village, and the upcoming Little Lane precinct. This vibrant area offers a diverse range of cafes, restaurants, wine bars, cinemas, and boutiques. The forthcoming Little Lane retail and culinary development will feature acclaimed venues such as Idle Bakery, Green Cup, Johnny Gio's, and Ruma Rooftop. Additional neighborhood highlights include the New Farm Deli, The Officers Mess, New Farm Park's manicured gardens, the Brisbane Powerhouse, and the scenic Riverwalk. The lively Howard Smith Wharves and James Street precincts are also easily accessible.
Educational opportunities are abundant with easy access to Brisbane's elite private schools including All Hallows' School, Holy Spirit Catholic School, New Farm State School, Brisbane Grammar School, Brisbane Girls Grammar School, and Saint Joseph's College. Higher education campuses such as QUT's Kelvin Grove and Gardens Point, along with UQ's St Lucia campus, are conveniently reachable.
The property offers exceptional flexibility, whether you choose to renovate the existing homes or undertake a full redevelopment. Options include designing and constructing a landmark residence or securing the site as a strategic landholding to maximize future income or development potential. The location's unrivaled rewards make it a generational asset, suitable for a flagship multi-residential project or as a high-yield strategic landholding, subject to council approval.
Please note that there will be no access inside the houses during scheduled open home inspections.
Additional information includes council rates for the individual properties on the site, reflecting the substantial nature of this offering.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
New Farm QLD 4005
Market Insights for New Farm QLD 4005
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