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Hillside Site with River Vistas and Removal Approval For Sale
Hillside Site with River Vistas and Removal Approval Hillside Site with River Vistas and Removal Approval

2 Prospect Terrace, Hamilton, QLD, 4007

Hillside Site with River Vistas and Removal Approval

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Friday, April 03, 2026 ( See property details for 2 Prospect Terrace, Hamilton, QLD, 4007)

Under Contract

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

A rare elevated Hamilton Hill property offering stunning views, a liveable home with pool, and a prime development opportunity on a spacious 564sqm block.

🏡 Property Highlights

  • Elevated hillside location with stunning river and city views
  • Existing liveable 2-bedroom house with swimming pool
  • Large 564sqm parcel with 20-metre frontage for future development
  • Approval in place for removal, offering a blank canvas for a luxury rebuild
  • Prime position less than 2km from Racecourse Road and Portside Wharf
  • Within the coveted Ascot State School catchment area

✨ Key Features

  • Swimming Pool
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Multiple outdoor decks
  • Expansive storage area
  • Sunroom
  • Waterfront / Views
  • Secure Parking
  • Home Office / Study
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2 Prospect Terrace
Hamilton, QLD 4007
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Vertical aerial view — 2 Prospect Terrace
2 Prospect Terrace — Vertical Aerial  •  Hamilton, QLD 4007  •  Nearmap © 2026

Hamilton Hill is a prestigious Brisbane suburb renowned for its stunning elevated position, panoramic river and city views, and proximity to vibrant precincts like Racecourse Road and Portside Wharf. The area offers a family-friendly environment with parks, playgrounds, and excellent schools, making it ideal for both lifestyle and future development. Its convenient location just 5km from the CBD ensures easy access to Brisbane’s urban amenities, while the scenic hillside setting provides a tranquil retreat. The neighbourhood’s high-quality homes and blue-chip reputation attract discerning buyers seeking a combination of luxury, convenience, and scenic beauty.

Can I build a new luxury home on this site?
Yes, the property has approval for removal, providing a blank canvas for a new luxury residence (STCA).
What views does the property offer?
The property offers stunning river and city views from its elevated position.
Is the existing house suitable for immediate living or renting?
Yes, the current 2-bedroom house with a swimming pool is immediately liveable and can be rented out while planning your redevelopment.
What amenities are nearby?
The property is close to Racecourse Road, Portside Wharf, parks, playgrounds, sporting clubs, and the Riverwalk, with easy access to public transport and the CBD.
What is the size of the land?
The land parcel is 564sqm with a 20-metre frontage, offering ample space for future development.
Are there any additional costs or approvals required for building a new residence on this site? Are there any easements, zoning restrictions, or covenants affecting the property? Has the property been affected by flooding or bushfire risks? Are there any upcoming planning or development activities in the area that could impact the property? Is there any history of structural issues or defects with the existing house? Are there any strata or body corporate considerations if planning to subdivide or develop? What are the council requirements for building a new home on this site? Are there any noise or neighbour-related concerns in this elevated location?

2 Prospect Terrace, Hamilton, QLD, 4007 - More Details

Hillside Site with River Vistas and Removal Approval

Boasting extraordinary elevation and an opportunity for reinvention high on Hamilton Hill, this pre-war house with approval for removal presents a blank canvas for your future home and vision. Occupying a breathtaking 564sqm parcel with a wide 20-metre frontage and an idyllic vantage point offering river and city views, you have the chance to secure and transform this rare site into a luxury hillside abode breathing in Brisbane’s most beautiful landscape (STCA). With the existing house immediately liveable and featuring a swimming pool, you can move in or rent out while you plan your next steps or immediately clear the block and landbank while in the design phase. Sitting high on the hill surrounded by some of Brisbane's finest homes, this Hamilton setting is not to be missed. Less than 2km away, the Racecourse Road and Portside Wharf precincts offer shopping and dining, and you are conveniently positioned only 5km from the CBD and 14 minutes from the airport. Nearby parks, playgrounds, sporting clubs, the racecourses and the Riverwalk ensure fun and recreation for families, and you can visit the local Eat Street Markets at Northshore. Within the coveted Ascot State School catchment, minutes from childcare centres, St Rita’s, St Margaret’s and St Agatha’s Primary School, and close to bus stops and Bretts Wharf ferry terminal, this blue-chip address promises enviable family living. Property features include: - Pre-war home with approval to remove on a 564sqm lot - Elevated site with 20m frontage and river and city views - Blank canvas for a brand-new luxury residence (STCA) - Existing 2-bed, 1-bath home with a swimming pool - Sunroom, living room, dining space and kitchen - Multiple outdoor decks and expansive storage area - In the coveted Ascot State School catchment - Minutes to Racecourse Road and Portside Wharf - 5km to the CBD and 14 minutes to the airport
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1

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