An extremely rare riverfront development opportunity has hit the market in St Lucia.
Located at 178-180 Macquarie Street, St Lucia, this super-prime site is just 2.5km from the Brisbane CBD.
The property is being brought to market by RWC Queensland director Tom Barr on behalf of the private sellers who have resided at the property for several decades.
The 1,513sqm site boasts 30m of absolute Brisbane River frontage and a northerly aspect that captures stunning views of both the CBD and Brisbane’s inner south west. Zoned for high-density residential use with a 15-storey building height allowance, the site currently features two significant riverfront residences, one of which includes an approved pontoon.
Mr Barr said this is a once-in-a-lifetime opportunity for buyers looking to invest in one of Brisbane’s most sought-after riverside locations, in a very quiet enclave on the doorstep of the world-renowned University of Queensland.
“St Lucia is an iconic, blue-chip suburb that offers unparalleled access to public transport, top-tier education with unrivalled access to sporting facilities and amenities, and vibrant retail and dining precincts,” Mr Barr said. “The proximity to the University of Queensland and the Toowong Village, plus the breathtaking river views make this site a truly irreplaceable asset. “The property offers an extremely rare opportunity for a prestige boutique residential apartment development or a construction of a single iconic trophy home.”
The property is available for sale via expressions of interest campaign, closing on Wednesday, 20 November.
