16 & 18 Franklin Street, Highgate Hill, Qld 4101

Expressions of Interest Thursday 29th October 4pm

Block Of Units
Type
9
Bedrooms
5
Bathrooms
9
Parkings
810 m²
Area

Published on Friday, October 02, 2026 ( See property details for 16 & 18 Franklin Street, Highgate Hill, Qld 4101)

Expressions of Interest Thursday 29th October 4pm

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A rare 810m² inner-city landholding in Highgate Hill offering versatile income, development potential, and exceptional future prospects.

🏡 Property Highlights

  • Large 810m² level landholding with future development potential
  • Prime inner-city location close to West End, South Brisbane, and Brisbane CBD
  • Versatile property comprising a residential home and block of flats
  • Potential for medium-density development (3-4 storeys) subject to approvals
  • Established income streams with nine bedrooms and nine-car accommodation
  • Easterly rear aspect with predominantly flat land, ideal for redevelopment

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Ensuite
  • Floorboards
  • Internal Laundry

Highgate Hill is a highly sought-after Brisbane suburb renowned for its vibrant lifestyle, proximity to the CBD, and rich cultural scene. It offers excellent walkability, diverse dining options, and a strong community atmosphere. The area features a mix of historic and modern residences, with significant development potential. Its convenient location provides easy access to public transport, parks, and educational institutions, making it ideal for investors and developers seeking a dynamic inner-city environment.

What are the current rental income streams from the property?
The property is configured to generate multiple income streams from the residential home and the block of flats, providing nine bedrooms and five bathrooms.
What are the potential development options for this site?
Subject to planning and development approvals, the site offers scope for medium-density development, including 3- and 4-storey outcomes, leveraging its LMR2 zoning.
Is the land suitable for future redevelopment or landbanking?
Yes, the predominantly level land with an easterly rear aspect makes it ideal for landbanking, redevelopment, or creating a substantial inner-city residence.
What amenities and lifestyle benefits are nearby?
The property is close to vibrant precincts such as West End, South Brisbane, and the Brisbane CBD, offering excellent dining, shopping, entertainment, and public transport options.
Are there any restrictions or approvals required for development?
Development is subject to relevant planning and development approvals, including compliance with local zoning regulations and council requirements.
Are there any existing planning or building restrictions that could affect future development plans? What are the potential costs associated with rezoning or obtaining development approvals? Are there any easements, covenants, or zoning overlays that could impact redevelopment options? Has the property been affected by any flooding or bushfire risks? Are there any upcoming planning or infrastructure projects in the area that could influence property value or development potential? What are the strata or body corporate arrangements, if applicable, and associated costs? Are there any hidden costs related to property maintenance or upgrades needed for existing structures? Is there any history of disputes or issues with neighbours or local authorities? What is the current condition of the existing buildings, and are there any defects or repairs needed? Are there any restrictions on the types of development or land use under current zoning?

16 & 18 Franklin Street, Highgate Hill, Qld 4101 - More Details

Expressions of Interest Thursday 29th October 4pm

Presenting a rare opportunity in tightly held Highgate Hill, this substantial 810m² holding combines immediate rental income, an exceptional inner-city position and exciting long-term potential. Comprising two adjoining properties, the offering provides versatility for today while presenting a range of possibilities for the future.

Positioned across predominantly flat land with a desirable easterly rear aspect, the site benefits from LMR2 zoning, providing scope to investigate medium-density development, including potential 3- and 4-storey outcomes, subject to relevant planning and development approvals. The properties occupy an enviable position close to the vibrant lifestyle precincts of West End, South Brisbane and the Brisbane CBD.

In an area where sizeable and versatile inner-city landholdings are increasingly difficult to secure, this offering presents an opportunity to acquire a substantial blue-chip asset with both established income and future potential.

Currently configured to generate multiple income streams, the offering comprises a residential home alongside a block of flats, providing a combined total of nine bedrooms, five bathrooms and nine-car accommodation. The existing configuration provides an attractive opportunity to generate rental income while considering how to maximise the substantial 810m² holding over the longer term.

The versatility of the site is a defining feature. Buyers may choose to retain and landbank the properties, enhance the existing residences, explore the creation of a substantial inner-city home, investigate new dwelling options or consider broader redevelopment opportunities.

Adding further appeal is the predominantly level nature of the land and its easterly orientation, creating an excellent foundation from which to explore a variety of future possibilities.

Whether your strategy centres on investment, development or securing a significant inner-city holding for the future, this is an opportunity offering remarkable flexibility in one of Brisbane's most sought-after locations.

Enquire today to arrange an inspection and explore the potential of this exceptional Highgate Hill holding.

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
9
Bathrooms
5
Parkings
9
Area
810 m²

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