Positioned privately below Enoggera Road on a generous 636m² double lot with LMR zoning, this rare inner-city landholding delivers the perfect blend of income, character, and development potential. Offering a multitude of lucrative pathways-whether you're seeking a strategic landbank, boutique development project, or premium site to subdivide-this blue-chip opportunity in the heart of Newmarket is not to be missed.
The existing three-bedroom character home is beautifully maintained and move-in ready, allowing for immediate rental returns while you plan your next move. Showcasing high ceilings, VJ walls, polished timber floors, and a charming front verandah framed by leafy gardens, the property delivers timeless appeal and comfortable living in a highly desirable urban setting.
Set across two lots, this site offers serious development flexibility. The LMR zoning supports a wide range of residential outcomes (STCA), including townhouses, boutique apartments, or a dual occupancy configuration. Alternatively, retain the existing dwelling and explore subdivision or rear-lot development options, all while benefiting from a strong rental market and continued area growth.
At a Glance:
636m² site across two lots with LMR zoning (Low-Medium Density Residential)
Ideal for developers, investors, or land-bankers
Opportunity for townhouse, unit or dual occupancy development (STCA)
Character-rich 3-bedroom home with renovated bathroom and air-conditioning
Wide timber floors, soaring ceilings, VJ walls, large front verandah
Private, leafy setting with excellent rental potential
Off-street parking, fenced yard, and under-house storage
Location Benefits:
700m to Newmarket Train Station and multiple bus lines
Minutes to Newmarket Village, Victoria Park precinct, and CBD access
Within catchment for Newmarket State School & Kelvin Grove State College
Close to elite schools including Brisbane Grammar and St Joseph's College
Just 10 minutes to Brisbane CBD and 15 minutes to the Airport
Whether you're looking to build now or hold and capitalise in the years ahead, this is a golden opportunity in one of Brisbane's most tightly held growth corridors. Explore your options and act quickly-sites of this calibre are increasingly hard to find.
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