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2. Property Highlights


• Land Area 1,619m²*

• Located less than 6km* west of the Brisbane CBD

• Comprises 3 existing post-war dwellings on separate titles

• Secondary frontage to Bonvale Lane with elevated north-westerly views over Jack Cook Memorial Park

• Designated LMR2 Low Medium Density Residential and further within the Toowong-Indooroopilly District Neighbourhood Plan

• Development Approval (ROL) for a 2 into 3 lot subdivision including an existing 405m²*, providing a total of four (4) lots (Avg 396m²*)

• Development Approval MCU (Development Permit) for Rooming Accommodation comprising 17 dwellings (90 bedrooms) over approx. 1,851m²* GFA

• A number of alternate residential development options exists including land subdivision, terraces, townhouses, or apartments (STCA^)

• 1.5km* from Toowong Village Shopping Centre and Railway Station and only 2km* to the University of Queensland campus

• Situated in close proximity to a large range of amenities including shopping, health, educational, transport, and recreational facilities

For further information, please contact the Ray White Special Projects Qld Marketing Agents.


^Subject to Council Approval

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3. Property Location

152-156 Gailey Road, St Lucia, QLD 4067

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4. Due Diligence

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