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12 Smallman Street, Bulimba, Qld 4171 For Sale
12 Smallman Street, Bulimba, Qld 4171 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Image 12 Smallman Street, Bulimba, Qld 4171-Floorplan

12 Smallman Street, Bulimba, Qld 4171

Auction

Block Of Units
Type
7
Bedrooms
5
Bathrooms
5
Parkings
809 m²
Area

Published on Friday, October 02, 2026 ( See property details for 12 Smallman Street, Bulimba, Qld 4171)

Auction

Open on Tuesday 6 October 4:30 pm | View All

Auction Saturday 24 October at 4:00 pm | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare Bulimba investment opportunity offering a solid income stream, exceptional development upside, and prime location just off Oxford Street.

🏡 Property Highlights

  • Prime location just 10 meters off Oxford Street, Bulimba's vibrant lifestyle hub
  • Generous 809m² LMR2 landholding with 20m frontage offering significant development potential
  • Solid brick block of 5 self-contained units with independent utilities and lock-up garages
  • Immediate cash flow from high occupancy and strong rental income
  • Strategic upside through redevelopment, strata-titling, and value-adding cosmetic upgrades
  • Rare opportunity in a fiercely contested, tightly held precinct

✨ Key Features

  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Fully fenced
  • Pet-Friendly

Bulimba is Brisbane’s premier lifestyle suburb renowned for its vibrant cafes, boutique shopping, and cultural amenities. Its proximity to Oxford Street makes it highly desirable for residents and investors alike. The area offers excellent transport links, top schools, and a strong community vibe. With ongoing development and planning reforms, Bulimba continues to attract high-end buyers and tenants. This enclave provides a perfect blend of lifestyle, convenience, and growth potential.

What is the current occupancy status of the units?
The units have a strong historical occupancy rate, ensuring immediate cash flow for the new owner.
What are the potential redevelopment options under the current zoning?
The LMR2 zoning allows for increased height limits and streamlined assessment pathways, offering significant redevelopment upside.
Are there existing planning or development approvals in place?
No specific approvals are mentioned; however, the property’s zoning and location provide ample opportunity for future development under Brisbane City Council’s frameworks.
What are the current outgoings and lease details?
Financial summaries, lease details, and outgoings are available upon request through the comprehensive Information Memorandum.
Is the property suitable for strata-titling or subdivision?
Yes, the property offers the potential to strata-title the existing units, unlocking immediate retail margins.
Are there any existing easements, covenants, or planning restrictions affecting the property? What are the potential costs associated with strata-titling or redevelopment? Are there any known structural issues or defects with the existing units? Is there any ongoing or planned nearby construction that could impact future development or living conditions? What are the zoning and planning regulations that could limit or enhance redevelopment options?

12 Smallman Street, Bulimba, Qld 4171 - More Details

Auction

Auction Location: On-Site

Opportunities of this caliber in Bulimba are virtually non-existent. Representing a tightly held 809m² landholding positioned literally one door off Oxford Street, 12 Smallman Street combines secure, multi-tenant holding income with unmatched long-term development upside in Brisbane's premier lifestyle pocket.

Whether you are looking to landbank an irreplaceable blue-chip asset, execute a high-yield cosmetic refurbishment, strata-title the existing block, or capitalize on emerging LMR planning reforms for a boutique luxury project, this is a strategic acquisition of rare pedigree.

Property Highlights
- The Ultimate Location: Situated approx. 10 meters off Oxford Street, placing the Bulimba lifestyle of cafes, dining, boutique shopping, the Cineplex, top schools, and the Bulimba CityCat terminal within an effortless walk.
- Underutilised LMR2 Landholding: Generous 809m² parcel with expansive 20m frontage, perfectly positioned to capture maximum future value under Brisbane City Council's evolving 'More Homes, Sooner' planning framework.
- Solid Block of 5 Brick Flats: Low-maintenance brick configuration comprising 2 x 2-bedroom and 3 x 1-bedroom units. All 5 units feature independent utility metering and dedicated lock-up garages.
- Immediate Cash Flow: Backed by strong historical occupancy and robust baseline holding income in a record-low vacancy market, allowing you to earn while you plan your next move.
- Endless Strategic Upside (STCA)
- Redevelop: Capitalize on increased height limits, streamlined assessment pathways, and smart parking efficiencies on LMR-zoned land near high-frequency transport corridors.
- Strata-Title: Unlock immediate retail margins by strata-titling the 5 individual units under a Community Title Scheme to target high-demand single-unit buyers in 4171.
- Value-Add: Execute targeted cosmetic upgrades across the existing flats to dramatically elevate rental returns and build instant equity.
- Hold & Landbank: Secure a generational footprint in Bulimba's most convenient retail fringe with five independent income streams.

Properties in this immediate Oxford Street enclave are fiercely contested and rarely offered to the open market.

To obtain the comprehensive Information Memorandum—including financial summaries, lease details, outgoings, and preliminary due diligence material - enquire now.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Type
Block Of Units
Bedrooms
7
Bathrooms
5
Parkings
5
Area
809 m²

Inspections times

  • Inspection Tue 6 Oct 4:30 pm

    Tuesday 6 October
    4:30 pm - 5:00 pm
    Add to calandar Remind Me

  • Inspection Sat 10 Oct 2:00 pm

    Saturday 10 October
    2:00 pm - 2:30 pm
    Add to calandar Remind Me

Auctions

  • 12 Smallman Street, Bulimba, Qld 4171

    Saturday 24 October
    4:00 pm
    Add to calandar Remind Me
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