A ONCE-IN-A-PROPERTY-CYCLE-DEVELOPMENT OPPORTUNITY.
An opportunity for a visionary Developer to create a prestige, apartment complex, that integrates with the existing Transport Systems – Possible(Transport Orientated Development)and provides urban renewal to one of Brisbane’s best localities.
THE SITE
A 900m2 high, near level site, over 2 Lots, fringed by extensive and popular Parklands overlooking the Brisbane River.
The site is LMR with possible prestige Development STCA.
Planning Consent for removal of existing Structure- in place now. This structure was not impaired by recent floods.
THE FUTURE
Possible TOD Site Set the standard for an Innovative and Prestige, Medium Density, Riverfront Development, driven by excellent City Cat, Ferry and Glider Bus services.
Expand the Horizon with the possibility to acquire an adjoining site (with same removal consents in place).
DEVELOPMENT ASSUMPTIONS
and#61607; Land Bank (900 m2 over 2 Lots) with restored Grand Home with consent to remove in place. Not impaired by recent Flood
and#61607; Remove Home and Develop each Lot Individually Construct 2 Prestige, Multi-Level Residences, each on 450m2 Land content
and#61607; Current GFA 50% with STRONG RELAXATION POSSIBILITIES
and#61607; Acquire adjoining site, with Home, also with consent to remove (Not impaired by recent Floods).
HOLD BOTH and Maximise GFA
I.E. TOTAL AREA 1545m2 – TOTAL FRONTAGE 35m2.
and#61607; Future TOD ? Possibly the only ONE on the RIVER ?
ONCE YOU IDENTIFY THE LOCATION AND REALISE IT’S POTENTIAL, YOU WILL WANT TO LAND BANK THE SITE FOR FUTURE PRESTIGE DEVELOPMENT.
WHAT WOULD YOU BUILD ? ? ?