FOR SALE
For Sale by EOI closing Thursday 17 Oct 2024

55 - 61 Regent Street
Woolloongabba QLD 4102

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Land area: 3042m2
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Two DA Approved Woolloongabba Development Sites 2,028m²* & 1,014m²* (117 Apartments & 76 Apartments)

- Two adjoining DA Approved development sites offered "for sale" together or separately.
- Combined site area of 3,042m²* and 193 apartments.
- Located 3 kilometres* from the Brisbane CBD in one of Queensland's largest Healthcare precincts - the 'Boggo Road Precinct'. Woolloongabba is a strategic growth suburb recognised by the Brisbane City Council as part of Brisbane's Greater CBD (Brisbane Long Term Infrastructure Plan 2012-2031).
- Proximity to major health and research infrastructure including the Princess Alexandra Hospital, Translational Research Institute (TRI), Pharmacy Australia Centre of Excellence (PACE), Ecosciences Precinct, Mater Private Hospital, and Lady Cilento Children's Hospital.
- Outstanding Public Transport connectivity - Buranda Railway Station (350 metres*); PA Hospital (500 metres*) and Buranda (600 metres*) Busway Stations; Cross River Rail (operational by 2025) - Boggo Road Station (650 metres*); Brisbane Metro (operational 2023) - PA Hospital Station (500 metres*).
- Set to benefit from over $6 billion* of infrastructure projects under construction including Cross River Rail ($5.4 billion*) and Brisbane Metro ($1.25 billion*), given the site's proximity to proposed new stations and infrastructure.
- Exceptional surrounding amenity - Buranda Village Sub Regional shopping centre, Boggo Road Urban Village, South Bank Parklands, Logan Road Dining Precinct.
- Situated just 1.5 kilometres from the Brisbane Cricket Ground ('Gabba' Sports Stadium) which is set to be redeveloped for the 2032 Olympic Games.
- HDR2 "High Density Residential" zoning provides for high density multiple dwellings, community uses, and small-scale services, facilities and infrastructure, to support local residents.
55-59 Regent Street:
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Property Details for 55 - 61 Regent St, Woolloongabba

Building Type
Commercial
Land Size
3042m2

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About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,402 properties. Over the last 5 years, Houses in Woolloongabba have seen a 75.33% increase in median value, while Units have seen a 69.09% increase. As at 31 August 2024:

  • The median value for Houses in Woolloongabba is $1,311,781 while the median value for Units is $691,681.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 28 properties listed for sale, and 26 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 253 properties were sold in the past 12 months in Woolloongabba.

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