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Colliers - Brisbane

424 Bowen Terrace New Farm, QLD 4005

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424 Bowen Terrace,
New Farm, QLD 4005

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Sale - Expression of Interest closing Thu 28 Nov

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Colliers - Brisbane
James Matley
Troy Linnane
Brendan Hogan

Colliers - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
Colliers - Brisbane
424 Bowen Terrace
New Farm, QLD 4005

Map of 424 Bowen Terrace

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  • Train stations within 5 km of 424 Bowen Terrace, New Farm, QLD 4005Distance
    Fortitude Valley Station1.6 km
    Central Railway Station1.7 km
    Exhibition Station2.2 km
    Roma Street Station2.4 km
    Brisbane (Roma Street) Station, Platform 22.4 km
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  • Bus stops within 5 km of 424 Bowen Terrace, New Farm, QLD 4005Distance
    Brunswick St at Langshaw Street132 m
    Merthyr Rd at Mark Street224 m
    Merthyr Rd at Merthyr Central241 m
    Moray St at Langshaw Street282 m
    Barker St at Oxley Lane305 m
    POWERED BY HERE ©
POWERED BY HERE ©

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

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Property ID: 504719900Last Updated: 25 Oct 2024

Gallus Partners Management
Suite 2, Level 6, 12 Creek Street
BRISBANE CITY, QLD 4000

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