122 Heal Street, New Farm, Qld 4005

Expressions of Interest Closing Tues 27th Oct 4pm

House
Type
5
Bedrooms
3
Bathrooms
4
Parkings
673 m²
Area

Last updated on Friday, October 02, 2026 ( See property details for 122 Heal Street, New Farm, Qld 4005)

Expressions of Interest Closing Tues 27th Oct 4pm

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

A rare and versatile inner-city Brisbane property offering substantial land, city views, and exciting redevelopment potential in New Farm.

🏡 Property Highlights

  • Generous 673sqm landholding in the heart of New Farm
  • Stunning city views from the rear of the property
  • Flexible five-bedroom, three-bathroom residence with dual-income potential
  • Prime LMR2 zoning suitable for redevelopment or multiple dwellings
  • Impressive 13.5-metre frontage offering future development opportunities
  • Exceptional location close to Brisbane CBD, dining, and lifestyle precincts

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Dual Living
  • Outdoor Area
  • Secure Parking
  • Garage
  • Water tank
  • Floorboards
  • Ensuite
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122 Heal Street
New Farm, QLD 4005
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Vertical aerial view — 122 Heal Street
122 Heal Street — Vertical Aerial  •  New Farm, QLD 4005  •  Nearmap © 2026

New Farm is a highly sought-after Brisbane suburb renowned for its vibrant dining scene, leafy streets, and riverside lifestyle. Its close proximity to the CBD offers excellent connectivity and a range of entertainment options. The area features beautiful parks, boutique shopping, and a thriving arts and culture scene, making it ideal for families, professionals, and investors alike.

What are the potential redevelopment options for this property?
Given its LMR2 zoning, land size, and frontage, the property offers potential for multiple dwellings or redevelopment, subject to council approval and planning regulations.
Can I build additional structures or extensions on this land?
Any construction or extensions would need to comply with local zoning laws and planning requirements, and approval from Brisbane City Council would be required.
What is the condition of the existing residence?
The current residence is a post-war home with generous proportions, suitable for renovation or reimagining to suit your needs.
Are there any restrictions or easements on the property?
Potential buyers should verify with council and relevant authorities regarding any restrictions, easements, or covenants affecting the property.
What are the nearby amenities and lifestyle attractions?
The property is close to New Farm Park, Brisbane River, Howard Smith Wharves, James Street precinct, and is within easy reach of Fortitude Valley and Teneriffe's dining, shopping, and entertainment options.
Are there any existing planning or development approvals in place for future redevelopment? What are the potential costs associated with renovating or reconfiguring the existing residence? Are there any known issues with the land, such as drainage, soil stability, or previous flooding? Is there any ongoing or upcoming construction activity in the vicinity that could impact the property? Are there any strata or body corporate considerations, or is the property freehold?

122 Heal Street, New Farm, Qld 4005 - More Details

Expressions of Interest Closing Tues 27th Oct 4pm

Opportunities of this scale, position and potential are extraordinarily rare in New Farm. Occupying an impressive 673sqm allotment with an approximately 13.5-metre frontage, this post-war residence combines substantial land, stunning city views and remarkable future possibilities in one of Brisbane's most tightly held inner-city locations.

The existing residence offers generous proportions across five bedrooms and three bathrooms, complemented by accommodation for four vehicles. Providing immediate flexibility for families, investors or those seeking multiple living arrangements, the home also presents an attractive dual-income opportunity and the ability to capitalise on the property in its current form while considering its longer-term potential.

What truly distinguishes this property is the calibre of the landholding. A 673sqm parcel in the heart of New Farm is a rarity in itself, further enhanced by LMR2 zoning and an approximately 13.5-metre frontage. Together, these attributes create an exciting foundation from which to explore a range of future possibilities, including multiple dwellings or redevelopment, subject to council approval and all applicable planning requirements.

Adding another impressive dimension are the stunning city views available from the rear of the property. The outlook towards Brisbane's skyline provides an exceptional backdrop and offers further inspiration for buyers considering how the site could be transformed or enhanced in the future.

For developers and investors, the property represents an opportunity to explore the possibilities presented by its zoning, land size and position, including those associated with Brisbane's evolving More Homes Sooner planning framework. For owner-occupiers, it provides the chance to secure an exceptionally substantial New Farm holding with the flexibility to renovate, reimagine or retain the existing residence.

Beyond the property itself, the address places you within one of Brisbane's most desirable lifestyle precincts. New Farm is renowned for its vibrant dining and café scene, leafy streets, riverside lifestyle and exceptional proximity to the CBD. New Farm Park, the Brisbane River, Howard Smith Wharves, James Street and the restaurants, boutiques and entertainment of neighbouring Fortitude Valley and Teneriffe are all within easy reach.

Properties combining this level of land, zoning, frontage, city outlook and flexibility are increasingly difficult to secure in New Farm. Whether viewed as a residence, investment, dual-income opportunity or a site with exciting future possibilities, this is a remarkable chance to acquire a truly rare piece of inner-city Brisbane.

Arrange your inspection and discover the exceptional potential of this unique New Farm holding.

Please note: Some images have been virtually staged for illustrative purposes. Furniture, décor and styling shown in these images are not physically present at the property and are intended to demonstrate the potential use and presentation of the space.

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
House
Bedrooms
5
Bathrooms
3
Parkings
4
Area
673 m²

Map & nearby places — 122 Heal Street, New Farm, Qld 4005

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

We do not hold a school zone outline for this address. That does not mean it has no zoned school: use the education department’s school finder to check.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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