Prime Development Opportunity

House for sale Kangaroo Point
Property photo number 1 of 5 Photos for Property. File  101583303_2754_ee690ed79b29e8e97fec0117b2fe9ce9.jpeg

Overview

SUMMARY: Discover an opportunity with this Kangaroo Point house for sale and available for Prime Development Opportunity. This could be your next ideal home or a smart investment. More details await.
Prime Development Opportunity Set across two adjoining lots in one of Kangaroo Point's most sought-after pockets, this rare offering combines scale, flexibility, and exceptional future potential. Spanning a total of 1,216m² (2 x 608m² blocks, each
with a 12-metre frontage), the properties are available to be purchased together or separately-presenting a plethora of opportunities for developers, investors, or owner-occupiers. Multi-use zoning and free from heritage overlay or flooding constraints, the combined site offers outstanding scope for redevelopment, including townhouses, apartments, subdivision, or the creation of a landmark residential project. There is potential to build up to eight levels on the land, subject to council approval, further enhancing the site's long-term development appeal. With strong underlying land value and multiple pathways to add value, this is a true blue-chip opportunity in a high-growth inner-city precinct. 572 Main Street is a substantial 1950s residence comprising five bedrooms, three bathrooms, two-car accommodation, and a shed on a 608m² block-ideal for immediate rental income or as a holding asset while planning your next move. 578 Main Street features a six-bedroom, two-bathroom home with extensive parking for up to six vehicles, offering strong appeal for large households or high-yield rental configurations. Positioned just minutes from the CBD and the popular river boardwalk, this prime location delivers an enviable lifestyle alongside exceptional connectivity. With significant infrastructure investment and the upcoming Olympics continuing to drive growth across the area, the long-term upside is undeniable. Whether secured as a combined landholding or individual acquisitions, this is a rare chance to capitalise on size, zoning, and location in one of Brisbane's most tightly held and rapidly evolving suburbs.
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Details

  • Beds: 11
  • Baths: 5
  • Price: Prime Development Opportunity
  • Reference No.: 2529

Location

Marketed by:

  • Torres Property
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Disclaimer

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