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4-10 & 7 Lambert Street & Railway Avenue, Indooroopilly, Qld 4068

4-10 & 7 Lambert Street & Railway Avenue, Indooroopilly, Qld 4068

Land/Development Retail Hotel/Leisure

  • For Sale
  • Contact Agent
  • For Sale

Mixed Use Development Site

  • Adjacent to Indooroopilly Train Station
  • Mixed-Use Zone allows 8 storeys/GFA 250%
  • Substantial holding income

  • Land Area
  • 2183.00 m² (approx)
  • Floor Area
  • 1,000 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Whole
  • Last Updated
  • Sep 30, 2019
  • Municipality
  • Brisbane City Council
  • Car Spaces
  • 14
  • Zoning
  • Mixed Use (City Frame) Zone

Interested in this property? Contact an Agent today

Tewksbury Commercial Real Estate - Toowong

Level 2, 31 Sherwood Road

Toowong Qld 4066

Peter Tewksbury
Dixon Estate Agents

628 Coronation Drive

Toowong Qld 4066

Patrick Dixon

Mixed Use Development Site

Tewksbury Commercial and Dixon Family Estate Agents are proud to offer for sale one of the best development sites in Brisbane’s Western suburbs.

The site is located in the affluent suburb of Indooroopilly, directly adjacent to Indooroopilly Train Station on the corner of Lambert Road and Railway Avenue with additional access off Clarence Road.

It comprises approximately 2,183 square metres of land spread across three separate lots.

The property is zoned Mixed Use and is identified within Precinct “C” of the Indooroopilly Neighbourhood Plan. The current zoning allows for
building heights of up to 8 storeys and a Gross Floor Area (GFA) of up to 250% of the site area.

Given the strategic location of the site adjacent to Indooroopilly Station and the upcoming completion of an 11-storey multi unit development on the opposite side of Lambert Road, there may be potential to exceed the height and GFA limits via an impact assessable application.

The site is currently improved with three separate buildings. 4-8 Lambert Road is a three-level building comprising of 5 ground floor retail shops and 6 residential apartments on the upper two floors.

4-10 & 7 Lambert Street & Railway Avenue, Indooroopilly, Qld 4068

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