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424 Bowen Terrace
New Farm QLD 4005
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Colliers International Brisbane

424 Bowen Terrace New Farm QLD 4005

  • Development / Land
  • Expressions of Interest

Unparalleled Development Opportunity in Brisbane's Premier Residential Suburb

  • Multiple luxury re-development outcomes
  • Consolidated dev site of 5,727m2*
  • 3 Street Frontage totaling 202.3m*

On behalf of Ozcare, Colliers, in conjunction with Gallus Partners, is proud to present 424 Bowen to the market.

Located in the highly sought-after suburb of New Farm, '424 Bowen' offers unparalleled access to the Brisbane River and iconic destinations such as James Street, Howard Smith Wharves, and New Farm Park.

The site's prestigious location, flexible planning potential, and proximity to the CBD, Brisbane River, and New Farm's vibrant lifestyle amenities make '424 Bowen' an ideal foundation for a landmark project. This presents a rare, once-in-a-lifetime opportunity to create a legacy that will redefine urban living in New Farm and Brisbane's inner-north. The existing structures are set to be demolished, with the site fully cleared and existing services capped.

Key Property Features:

- A highly rare, consolidated development site of 5,727m²* with three street frontages, situated in the heart of New Farm.
- Located just 1.6 kilometres* from Brisbane CBD, with access via multiple bus routes, CityCat ferry services, and a 15-minute* drive to Brisbane Airport.
- Opportunity to capitalise on a premier residential development in one of Brisbane's most prestigious suburbs, with a median house price of $2,770,000 as of August 2024 (source: realestate.com).
- Multiple development outcomes (STCA) under the current Town Plan, including options for detached housing, townhouses, apartments, or a combination thereof.
- Potential for increased building height (STCA) supported by recent approvals in the surrounding area for residential apartment developments on similarly zoned sites.
- A 100% interest in 424 Bowen is available via Expressions of Interest, closing on Tuesday, 28 November 2024, at 4:00 pm (AEST).

For further details, please contact the exclusive agents at Colliers.

^approximately ~ outlines indicative only

EXPRESSION OF INTEREST

Closing date and time28/11/2024 16:00
Recipient nameAsk Agent
Delivery addressBrisbane
Colliers International Brisbane
Colliers International Brisbane
Level 30 111 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor AreaAsk Agent
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019585552
Category
Last updated  23 Oct 2024
Map for 424 Bowen Terrace New Farm QLD 4005
Colliers International Brisbane
Colliers International Brisbane
Level 30 111 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor AreaAsk Agent
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019585552
Category
Last updated  23 Oct 2024

Co-Agents

Brendan Hogan
Brendan Hogan
Colliers International Brisbane
Call
+61 422 561 295
Troy Linnane
Troy Linnane
Colliers International Brisbane
Call
+61 417 796 967
James Matley
Colliers International Brisbane
Call
+61 411 235 309

More about 424 Bowen Terrace New Farm QLD 4005

424 Bowen Terrace New Farm QLD 4005 is categorized as Land & Development Property. The listing ID for this property is 2019585552.

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