FOR SALE
For sale via EOI closing 20 Nov 2024 at 3pm (AEST)

178-180 Macquarie Street
St Lucia QLD 4067

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1513m2
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Super-prime Riverfront Development Site (Blue-Chip Address)

RWC Queensland has the pleasure to offer 178-180 Macquarie Street St Lucia in Brisbane, Queensland to the market.
This super-prime riverfront development site is currently improved with two significant riverfront residences, with one featuring an approved pontoon, this property offers multiple opportunities (STCA^) including:
- Develop a prestige boutique residential apartment complex; or
- Build a single iconic Brisbane River trophy home; or
- Land Bank and occupy or lease the existing residences.
178-180 Macquarie Street is situated in the blue-chip residential suburb of St Lucia just 2.5 kilometres* from the Brisbane CBD. This riverside suburb offers unrivalled amenity, access to public transport and world-renowned educational facilities. The site provides an extremely rare opportunity given its St Lucia address and 30 metres* of absolute Brisbane River frontage. Furthermore, the northerly aspect provides for both direct Brisbane CBD views and a 360-degree aspect across Brisbane's Inner South-West.
- Site Area - 1,513m²* (30 metre* street frontage).
- Brisbane River Frontage - 30 metres*.
- Zoned High Density Residential (HDR2).
- 15 storey allowable building height (STCA^).
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Property Details for 178-180 Macquarie St, St Lucia

Building Type
Commercial
Land Size
1513m2

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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 5,575 properties. Over the last 5 years, Houses in St Lucia have seen a 66.38% increase in median value, while Units have seen a 56.34% increase. As at 30 September 2024:

  • The median value for Houses in St Lucia is $1,979,470 while the median value for Units is $756,979.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 56 properties listed for sale, and 44 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in St lucia.

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Tom Barr
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RWC QLD
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