EXPRESSION OF INTEREST
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160 Gailey Road, St Lucia QLD 4067

House
313
Block size: 607 m² approx.

Fantastic Development Opportunity in Prime Location - 160 Gailey Road, St Lucia

Discover the potential of this exceptional development site located at 160 Gailey Road in the highly sought-after suburb of St Lucia. With its favorable LMR 2 zoning and absence of character restrictions, this property is ripe for transformation into a modern residential haven, offering limitless possibilities for savvy developers and investors.

Key Features:

Land Zoning and Size: Boasting an LMR 2 zoning, this expansive parcel of land presents an excellent canvas for development. Spread across 607m2, the property provides ample space to create a visionary residential project.

Prime Location: Situated in one of Brisbane's most prestigious suburbs, St Lucia, this property is renowned for its leafy streets, close proximity to the CBD, and easy access to an array of amenities. Residents will relish the convenience of living near top educational institutions, public transport options, shopping precincts, parks, and recreational facilities.

Development Potential: With the LMR 2 zoning in place, you have the potential to construct multiple dwellings, townhouses, or apartment complexes on the site, subject to council approval. Seize the opportunity to capitalize on the strong demand for contemporary living spaces in this sought-after location.

No Character Restrictions: Unlike many properties in the area, this site does not carry any character restrictions. This means you can maximize your development plans without limitations imposed by heritage considerations.

Investor's Dream: Savvy investors will appreciate the potential returns from this development opportunity. St Lucia's ever-growing popularity, combined with the shortage of modern housing options, makes this an attractive prospect for those looking to expand their portfolio.

Surrounding Infrastructure: St Lucia's vibrant community offers a wealth of lifestyle amenities, including boutique cafes, restaurants, and recreational areas. The University of Queensland, Toowong Village, and the scenic Brisbane River are all within easy reach, adding to the property's allure.

Connectivity: Commuting will be a breeze with excellent public transport links and major roadways nearby. Residents will enjoy easy access to the CBD, Southbank Parklands, and beyond.

Green Spaces: The property is within proximity to various parks and green spaces, offering residents opportunities for outdoor leisure and relaxation.

Future Growth: St Lucia continues to experience strong demand and steady capital growth, making it a sound investment choice.

This is your chance to capitalize on a rare development prospect in the heart of St Lucia. Don't miss out on this outstanding opportunity to create a contemporary residential landmark. Act now to secure this prized property and unlock its full potential. Contact us today for further information and to arrange an inspection. Development sites like this are highly sought after and won't stay on the market for long!

Inspections

No open inspections scheduled.

Send an enquiry

Contact Karen Janssen to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
1
Garage Spaces:
3
Property type:
House
Block Size:
607 *

Other Details

Lot:
1
Plan Type:
RP
Plan:
49406
Legal description:
1/RP49406
Oxbridge Global Real Estate & Projects

Maps and area information

Block information
Block size: 607 (approx)
Legal description: 1/RP49406
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 50 houses with 3 bedrooms that just sold near 160 Gailey Road St Lucia

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
08 Mar 2022
Sold
Minus The Agent
Listed: 13/07/2021
Block size: 807m²
Transfer type: Full transfer
07 Mar 2022
Sold
McGrath Paddington
Listed: 18/02/2022
Block size: 607m²
Transfer type: Full transfer
19 May 2020
Sold
Oxbridge Global Real Estate & Projects
Listed: 19/05/2020
Block size: 607m²
Transfer type: Full transfer

St Lucia suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
26 years
Population
12,220
Listing ID: 182065443. This listing has been viewed 26 times. It was first displayed on 06/11/2023 and last updated on 08/11/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.