Rare LMR2 development opportunity in a prime lifestyle location
Occupying a premier position between iconic Brunswick and James Streets, this 465m2 landholding presents an array of exciting opportunities for home buyers, investors or developers.
Currently accommodating a pre-war Queenslander that is largely in its original condition, the level LMR2 (2-3 storey mix) zoned site offers a host of options.
1. Raise and renovate the existing dwelling to create one stunning family character home in arguably Brisbane’s most enviable location
2. Raise and renovate the existing dwelling, subdivide the block and either immediately build on or landbank the adjoining vacant lot for future sale or redevelopment
3. Take advantage of the existing home’s poor condition and Arthur Street’s predominant combination of commercial and post-war brick properties to seek removal of the dwelling, and build one, two or multiple new luxury residences.
(All Subject to Brisbane City Council Approval)
Whichever option you choose, the site’s impressive 46 metre depth, ideal north-east facing side boundary and unique walking distance to both prestigious James Street and dynamic Brunswick Street, make this an irreplaceable proposition.
Just 1km from the Brisbane CBD, with easy access on foot, bike, scooter, bus or City Cat to Eagle Street Pier, this address is also strolling distance to Fortitude Valley Train Station. Walk in moments to an endless choice of cafes, restaurants, bars, cinemas, nightclubs and luxury hotels, including the popular Calile, as well as the gourmet offerings of James Street Marketplace and surrounding high-end homewares and boutiques. Close to local schools and the sprawling riverside New Farm Park, it is less than five minutes’ drive to the Coles supermarket and specialty shops at Merthyr Village.
Contact us to further discuss this unsurpassed lifestyle and development prospect.