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• Exceptionally well maintained facility with outstanding long term occupancy
• Unmatched amenity - 2min* walk to the heart of James Street
• Land size of 1,131m²* offering numerous redevelopment options
• Significant infrastructure charge credit for any future redevelopment
• Configuration: 36 studio units - all with private kitchen and balcony
• Capitalise on the huge demand for entry level rental accommodation in Inner City Brisbane
• Potential Market Income of $617,348* per annum
• Huge additional rental upside available by altering current design
• Positioned only 1.5km* from Brisbane CBD
• Future redevelopment site -no heritage restraints or restrictive overlays
• Currently Zoned Low-medium density residential (2 or 3 storey mix) but scope and need to increase (subject to council approval)
• Walkable Amenity includes:
- James Street precinct (restaurants, bars, cafes, cinema, retail)
- New Farm Park & Powerhouse Arts Centre
- Merthyr Village (includes Coles)
- Brisbane River Walkway
- Surrounded by parks, cafés, gyms, and everyday amenities
• Excellent public transport - bus and ferry
• Detailed information package available on request
For Sale via Public Auction
Friday, 27 March 2026 12:30pm (AEST)
Venue
Ray White New Farm
612 Brunswick Street, New Farm QLD 4005
Open for Inspection:
Friday, 27 February 2026 11:00am - 11:30am (AEST)
Saturday, 28 February 2026 11:00am - 11:30am (AEST)
For further information, please contact the Ray White marketing agents
*Approximately
^Listed Building Area subject to further clarification
Remember to mention you found this property on DevelopmentReady
• Exceptionally well maintained facility with outstanding long term occupancy
• Unmatched amenity - 2min* walk to the heart of James Street
• Land size of 1,131m²* offering numerous redevelopment options
• Significant infrastructure charge credit for any future redevelopment
• Configuration: 36 studio units - all with private kitchen and balcony
• Capitalise on the huge demand for entry level rental accommodation in Inner City Brisbane
• Potential Market Income of $617,348* per annum
• Huge additional rental upside available by altering current design
• Positioned only 1.5km* from Brisbane CBD
• Future redevelopment site -no heritage restraints or restrictive overlays
• Currently Zoned Low-medium density residential (2 or 3 storey mix) but scope and need to increase (subject to council approval)
• Walkable Amenity includes:
- James Street precinct (restaurants, bars, cafes, cinema, retail)
- New Farm Park & Powerhouse Arts Centre
- Merthyr Village (includes Coles)
- Brisbane River Walkway
- Surrounded by parks, cafés, gyms, and everyday amenities
• Excellent public transport - bus and ferry
• Detailed information package available on request
For Sale via Public Auction
Friday, 27 March 2026 12:30pm (AEST)
Venue
Ray White New Farm
612 Brunswick Street, New Farm QLD 4005
Open for Inspection:
Friday, 27 February 2026 11:00am - 11:30am (AEST)
Saturday, 28 February 2026 11:00am - 11:30am (AEST)
For further information, please contact the Ray White marketing agents
*Approximately
^Listed Building Area subject to further clarification
Remember to mention you found this property on DevelopmentReady
