4,116m² MEDIUM-DENSITY DEVELOPMENT OPPORTUNITY | JUST LISTED
An extraordinary landholding positioned in one of Brisbane's most connected and high-performing growth corridors, this 4,116m² medium-density development opportunity represents a rare chance to secure a large-scale site with holding income and long-term development upside.
Comprising four adjoining titles with three street frontage:
2 Springfield Street, Macgregor - 2,140m²
2 Mintern Street, Macgregor - 582m²
4 Mintern Street, Macgregor - 683m²
6 Mintern Street, Macgregor - 711m²
TOTAL SITE AREA: 4,116m²
Location Highlights
Walking distance to Westfield Garden City, one of Brisbane's premier retail and dining destinations
Minutes to Griffith University, QEII Hospital, and major employment centres
Excellent access to major arterial networks including M1 Motorway, Gateway Motorway, and Kessels Road
Proximity to leading schools, childcare centres, and public transport
Development Potential
Zoned Medium Density Residential (Brisbane City Council)
Suitable for apartments or townhomes (STCA)
Increased building height limits allow developers to maximise design efficiency, outlook, and yield
Expansive 4,116m² site area across four lots provides flexibility for staged development or larger-scale delivery
Holding Income
Strong combined rental income of approximately $300,000 per annum
Multiple established assets provide immediate cash flow while planning or approvals are undertaken.
Previous DA Approval
The site previously held an approval for 95 apartments, comprising:
• 8 - 1-Bedroom Apartments
• 82- 2-Bedroom Apartments
• 5- 3-Bedroom Apartments
This proven concept underscores the site's suitability and potential for higher-density outcomes under current planning provisions.
Summary
A prime, income-producing development opportunity with unmatched accessibility and long-term growth fundamentals.
Opportunities of this calibre within Brisbane's inner-south are exceptionally rare, presenting outstanding scope for developers, investors, and syndicates alike.
OFFERS CLOSING: Friday, 12th December at 5:00pm
For further information or to arrange an inspection, please contact:
Mark Smith
