Small High-Rise Development Opportunity – Walk to Hospital & Westfield Chermside
In a proven growth pocket of Brisbane, this versatile site offers genuine development upside with immediate holding income. Walking distance to the hospital and Westfield Chermside, it’s ideal for an entry-level developer or astute land-banker seeking multiple exit strategies.
Highlights:
- Potential for a boutique 3–4 apartment build (STCA)
- Scope to utilise up to 100% of the site’s developable area (STCA; buyers to rely on their own enquiries)
- Quality existing house with an estimated $700/week rental potential for cash flow while you plan
- Short stroll to hospital and Westfield Chermside—shops, dining, transport and services on the doorstep
- High-demand, growth suburb with strong fundamentals
- Explore commercial usage in medical/allied health support (STCA)
Why this site makes sense:
- Location certainty: blue-chip amenity within easy walking distance
- Project scale: manageable for first-timers; attractive for boutique builders
- Holding income: rent while you design and lodge approvals
- Multiple strategies: residential build, medical/support use or land-bank (all STCA)
Who it suits:
Entry-level developers • Boutique builders • SMSFs/land-bankers • Medical/allied health operators (STCA)
Next steps:
Request the info pack, town-planning notes and a copy of the rental appraisal. Private inspections available.
0437965326 - Adrian