FOR SALE
For Sale

155 + 159 Sir Fred Schonell Drive
St Lucia QLD 4067

Bedrooms: 12
Bathrooms: 6
Car spaces: 2
Land area: 1358m2
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Prime development site -versatile corner land parcel

This is an outstanding opportunity to secure a prime development site in one of Brisbane's most sought-after residential destinations. Ray White Toowong and Savills are proud to be offering for sale 155 and 159 Sir Fred Schonell Drive, a total of 1,358 sqm of land opposite popular Guyatt Park and a short walking distance to the University of Queensland, St Lucia campus.
The two adjoining properties combined provide the opportunity to acquire a viable development site with well provisioned access from Brisbane St.
• 155 Sir Fred Schonell Dr is a 655m2 allotment with an established highset brick home and a current tenancy returning $600 per week & increasing to $655 per week in January 2023.
• 159 Sir Fred Schonell Drive comprises a corner allotment housing 4 flats on a regular 703m2 site. The flats are currently renting for between $360-$380 per week, 3 of which are currently tenanted.
• Zoned LMR 2 Low-Medium density residential with allowable usages including multiple dwellings, residential care facility, retirement facility, rooming and short-term accommodation.
• Both properties are being offered for sale as a combined land parcel
• Memorandum of Information available on request
• Inspection by appointment with selling agents Ray White Toowong and Savills

Property Details for 155 + 159 Sir Fred Schonell Dr, St Lucia

155 + 159 Sir Fred Schonell Dr, St Lucia is a 12 bedroom, 6 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 1358m2. The place is currently for sale with Ray White Toowong.

Building Type
BlockOfUnits
Land Size
1358m2

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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 5,545 properties.

    There are currently 32 properties listed for sale, and 56 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in St lucia.

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    Robin Mcilwain
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    Russ Cornish
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