FOR SALE
SUBMIT ALL OFFERS BY 10/02/2024 @ 5PM!

14 Gailey Road
St Lucia QLD 4067

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 632m2
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Prime Development Block With DA Approved 4 Townhouse Allocations!

Poised in one of the most prestigious suburbs in Brisbane, 14 Gailey Road is in the heart of St Lucia. Known for its abundance in nature all around and with the blooming of Jacaranda's it's truly a majestic atmosphere whilst still positioned only a short drive to the Brisbane CBD offering a comfortable and convenient lifestyle for its future owners.
Just a short walk from the prestigious University of Queensland and several coveted inner-west schools, this sizable 632sqm blue chip allotment presents an immediate income-producing residence with an existing DA approval for 4 townhouse allocations.
Lot Dimensions: 15.6m Frontage x 39.4m Depth x 39.7m Depth x 15.7m Rear
Zoning: LMR2: Low-Medium Density Residential (2-3 Storey Mix)
With student accommodation so close to the university always in demand, the rental revenue will be a sound long-term investment strategy or a valuable income addition whilst you consider all new architectural design plans and construction options. Set into the hillside, a substantial, multi-level townhouse complex with an unimpeded river and city views is nothing too common.
This address presents the best of both worlds, with 5-minute walking convenience to buses headed into the city via Toowong, to Indooroopilly Shopping Centre or straight into the heart of the UQ campus. The local Hawken Village shops are a 5-minute drive away. Investors, students still at school or renting, university employees and city commuters will value the amenity of this outstanding location.
Positioned in the catchment for the prestigious Ironside State School and Indooroopilly State High School, these schools as well as the private schools of St. Peters Lutheran College and Brisbane Boys' College are situated within approximately a 25-minute drive. A recreational activity-rich area, there are riverside bikeways, the sporting fields and facilities of UQ and both St. Lucia and Indooroopilly golf courses just a few minutes away.
Conveniently located just 6minutes (3.5km) west of the Brisbane CBD, 12.5minutes to the Brisbane Airport and all within a short walking distance to a variety of local shops and dining options in neighbouring suburbs Toowong, Indooroopilly & Taringa - 14 Gailey Road, St Lucia presents a once-in-a-lifetime opportunity for astute investors seeking to land bank, lease out, develop or even reside amongst other established and increasingly popular properties in the prestigious St Lucia locality.
Obtain rental income to offset the holding cost, demolish and develop the land or land bank for future prospects, the choice is yours! This kind of opportunity does not come by often and is something not to be missed. Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.

Property Details for 14 Gailey Rd, St Lucia

14 Gailey Rd, St Lucia is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 632m2. The place is currently for sale with Ray White Rochedale.

Building Type
House
Land Size
632m2

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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. It has 36 parks covering nearly 19.4% of total area. The population of St Lucia in 2011 was 11,194 people. By 2016 the population was 12,586 showing a population growth of 12.4% in the area during that time. The predominant age group in St Lucia is 20-29 years. Households in St Lucia are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Lucia work in a professional occupation. In 2011, 41.9% of the homes in St Lucia were owner-occupied compared with 41.6% in 2016.

St Lucia has 5,597 properties. Over the last 5 years, Houses in St Lucia have seen a 62.13% increase in median value, while Units have seen a 61.80% increase. As at 31 August 2024:

  • The median value for Houses in St Lucia is $1,877,574 while the median value for Units is $771,778.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 60 properties listed for sale, and 44 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in St lucia.

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Miranda Cheang
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Ray White Rochedale
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