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

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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

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

Type
House
Bedrooms
2
Bathrooms
1
Parkings
1

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