39 Longland Street,
Newstead, QLD 4006

39 Longland Street, Newstead presents as Brisbane’s most exciting infill development opportunity to become available in the current market.

The property boasts 4,194sqm of level land with three street frontages, rectangular allotment comprising 11 individual parcels and the unique position of being located directly opposite FKP’s Gasworks development and more importantly, its heritage listed Gasometer focal point. Its Northern aspect and the fact that it sits in the heart of Brisbane’s most exciting renewal hotspot, makes it a must consideration for any development group looking to make their mark on Brisbane’s future.

Redevelopment and use of the property are governed by Brisbane City Plan 2000 and the Newstead/Tenerife Waterfront Neighborhood Plan under which the property has been assigned a Multi Purpose Centre MP2 Major Centre area code. This zoning is intended to promote a high density cluster of mixed uses including residential, commercial and retail on site. Under the local planning instrument, the property has been assigned specific density allowances which are stipulated in the following table.

Newstead is well known as a vibrant and rapidly evolving mixed use precinct that has seen major redevelopment in the past 10 years. The area is becoming increasingly attractive to commercial businesses, retailers and residents because of the following reasons:

- Its strategic inner city location and immediate access to Brisbane’s CBD
- Its positioning within the CBD to airport, Northern corridor
- Resulting from the high density cluster of mixed uses, the area boasts a vibrant and unique character
- Strong local business growth and ongoing, rapid gentrification
- Its proximity to major transport infrastructure and retail amenity
- The continual development of A Grade commercial facilities within the precinct by national development groups
- Progressive local planning measures allowing intensive uses (up to 30 storey's) surrounding existing amenity nodes
- Proximity to the Brisbane River and subsequent lifestyle benefits
- Cosmopolitan café culture in the precincts of Teneriffe, New Farm and Newstead

Wright Property and Cushman Wakefield are inviting expressions of interest closing 5PM AEST Thursday 8 December 2011.

For further information please contact the exclusive agents.