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Overview
This unique offering in Highgate Hill presents a significant 810 square meter landholding comprising two adjoining properties combining immediate rental income with impressive future development potential. Located in a coveted inner-city position close to Brisbane’s vibrant West End, South Brisbane, and CBD precincts, the site benefits from Level Medium Density Residential zoning (LMR2), enabling prospective buyers to explore substantial medium-density development options including 3 to 4 storey buildings, subject to planning approvals.
The property's predominantly flat land with a sought-after easterly rear aspect creates excellent development fundamentals, allowing natural light and ventilation to be maximised in future builds. Currently, the combined properties provide versatile accommodation with nine bedrooms, five bathrooms, and nine-car parking spaces. The existing structures support immediate income generation through multiple rental streams, an attractive feature for investors while planning for redevelopment or property enhancements.
The diversity of opportunities extends beyond investment to include options such as retaining the properties to landbank, refurbishing the current residences, or consolidating the site to create a substantial inner-city residence. The flat terrain and orientation further add to the location's appeal, providing a solid foundation for prospective buyers looking to seize a rare, substantial blue-chip inner-city holding with flexible options in one of Brisbane’s most sought-after areas.
Whether you are an investor seeking an established income asset with growth upside, a developer aiming to create medium-density housing close to the city, or a buyer aiming to secure a strategic inner-city site for future use, this offering represents a remarkable opportunity combining flexibility, scale, and location.
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
Market Insights for Highgate Hill QLD 4101
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