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VELLORA – DA Approved Luxury Townhome Site | St Lucia, QLD
Five Freehold Architectural Masterpieces on 810m2
Construction-Ready | De-Risked | Accelerated Delivery Opportunity
Property Collective Agency presents Vellora, a fully DA-approved boutique luxury townhome project in one of Brisbane's most tightly held blue-chip suburbs, just 4km from the CBD.
For builders and developers seeking certainty, speed to market and reduced capital exposure, Vellora offers a rare opportunity to step directly into construction with planning risk eliminated and program delays minimised.
Designed by internationally acclaimed architect Rafael Contreras, the approved scheme comprises five freehold, four-level luxury residences positioned on an elevated site capturing Brisbane CBD and Mt Coot-tha views. All architectural and consultant coordination has been completed, enabling immediate transition into the build phase.
Delivery & Commercial Advantages:
• Development Approval secured
• Full architectural and consultant documentation complete
• Site cleared with pylons installed
• Ready to pour slab and commence vertical construction
• No redesign, reapproval or planning holding costs
• Reduced pre-construction timeframe
• Accelerated pathway to revenue realisation
By acquiring a project at this stage, an incoming builder avoids extended approval timeframes, reduces holding costs associated with planning uncertainty, and benefits from a shortened delivery program.
Each approved residence offers over 300sqm across four levels, incorporating rooftop terraces with plunge pools, private lifts and secure three-car garages, a premium product tailored to Brisbane's high-end owner-occupier market.
Located within the Ironside State School and University of Queensland catchment and surrounded by established prestige homes, St Lucia continues to demonstrate resilient demand and limited supply at the upper end of the market.
With approvals finalised and site works complete, Vellora presents a substantially de-risked, construction-ready opportunity with clear program efficiency advantages.
This rare and highly sought after opportunity is available for sale via Expressions of Interest closing 4pm, Thursday, March 19th 2026.
Approved plans and full documentation available via Property Collective Agency.
122 – 124 Gailey Road, St Lucia QLD 4067
Rebecca Ormesher
0450 577 573
DISCLAIMER: Property Collective Agency has taken all reasonable care in preparing the information provided. However, we do not accept any liability for errors, omissions, or misstatements. Prospective purchasers and interested parties should make their own enquiries and conduct independent due diligence to verify the accuracy of all details. Any personal information provided will be managed in accordance with the REIQ Privacy Policy, available at www.reiq.com/privacy-policy.
Remember to mention you found this property on DevelopmentReady
VELLORA – DA Approved Luxury Townhome Site | St Lucia, QLD
Five Freehold Architectural Masterpieces on 810m2
Construction-Ready | De-Risked | Accelerated Delivery Opportunity
Property Collective Agency presents Vellora, a fully DA-approved boutique luxury townhome project in one of Brisbane's most tightly held blue-chip suburbs, just 4km from the CBD.
For builders and developers seeking certainty, speed to market and reduced capital exposure, Vellora offers a rare opportunity to step directly into construction with planning risk eliminated and program delays minimised.
Designed by internationally acclaimed architect Rafael Contreras, the approved scheme comprises five freehold, four-level luxury residences positioned on an elevated site capturing Brisbane CBD and Mt Coot-tha views. All architectural and consultant coordination has been completed, enabling immediate transition into the build phase.
Delivery & Commercial Advantages:
• Development Approval secured
• Full architectural and consultant documentation complete
• Site cleared with pylons installed
• Ready to pour slab and commence vertical construction
• No redesign, reapproval or planning holding costs
• Reduced pre-construction timeframe
• Accelerated pathway to revenue realisation
By acquiring a project at this stage, an incoming builder avoids extended approval timeframes, reduces holding costs associated with planning uncertainty, and benefits from a shortened delivery program.
Each approved residence offers over 300sqm across four levels, incorporating rooftop terraces with plunge pools, private lifts and secure three-car garages, a premium product tailored to Brisbane's high-end owner-occupier market.
Located within the Ironside State School and University of Queensland catchment and surrounded by established prestige homes, St Lucia continues to demonstrate resilient demand and limited supply at the upper end of the market.
With approvals finalised and site works complete, Vellora presents a substantially de-risked, construction-ready opportunity with clear program efficiency advantages.
This rare and highly sought after opportunity is available for sale via Expressions of Interest closing 4pm, Thursday, March 19th 2026.
Approved plans and full documentation available via Property Collective Agency.
122 – 124 Gailey Road, St Lucia QLD 4067
Rebecca Ormesher
0450 577 573
DISCLAIMER: Property Collective Agency has taken all reasonable care in preparing the information provided. However, we do not accept any liability for errors, omissions, or misstatements. Prospective purchasers and interested parties should make their own enquiries and conduct independent due diligence to verify the accuracy of all details. Any personal information provided will be managed in accordance with the REIQ Privacy Policy, available at www.reiq.com/privacy-policy.
Remember to mention you found this property on DevelopmentReady
