29 Mitre Street, St Lucia, Qld 4067

House
Type
4
Bedrooms
1
Bathrooms
830 m²
Area

Published on Friday, June 26, 2026 ( See property details for 29 Mitre Street, St Lucia, Qld 4067)

Auction

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

A versatile four-bedroom home on a substantial 830m² block with development potential in a highly sought-after Brisbane suburb.

🏡 Property Highlights

  • Prime 830m² level allotment with two 415m² lots on one title
  • Excellent development potential for townhouses or boutique apartments (STCA)
  • Well-maintained four-bedroom home with immediate rental income
  • Highly convenient location near University of Queensland and CityCat terminal
  • Close to local shops, cafés, and public transport options
  • Within sought-after Ironside State School and Indooroopilly SHS catchments

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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29 Mitre Street
St Lucia, QLD 4067
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Vertical aerial view — 29 Mitre Street
29 Mitre Street — Vertical Aerial  •  St Lucia, QLD 4067  •  Nearmap © 2026

St Lucia is a highly desirable Brisbane suburb known for its leafy streets, proximity to the University of Queensland, and excellent public transport links. It offers a vibrant community atmosphere with a range of cafes, shops, and parks. The area combines convenient city access with a peaceful residential environment, making it ideal for families and investors alike.

What is the current condition of the property?
The property is well-maintained and ready for immediate occupancy or development, with no major repairs required.
Can the property be subdivided or developed?
Yes, the property is suitable for townhouse or boutique apartment development subject to council approval (STCA).
What is the rental potential of the property?
The existing home has an estimated rental income of $1,100 to $1,200 per week.
Are there any planning restrictions or zoning considerations?
The property is zoned LMR2, allowing for development opportunities, subject to council approval.
What are the nearby amenities and transport options?
The property is approximately 500m from UQ and Guyatt Park CityCat Terminal, with local shops, cafés, and bus services just 100m away.
Are there any existing easements, covenants, or planning restrictions affecting the property? What are the potential costs associated with subdivision or development approval? Are there any known issues with the property's structure or services? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or livability?

29 Mitre Street, St Lucia, Qld 4067 - More Details

Auction

Type
House
Bedrooms
4
Bathrooms
1
Area
830 m²

Inspections times

  • Inspection Thu 2 Jul 10:00 am

    Thursday 2 July
    10:00 am - 10:30 am
  • Inspection Sat 4 Jul 9:00 am

    Saturday 4 July
    9:00 am - 9:30 am

Auctions

  • 29 Mitre Street, St Lucia, Qld 4067

    Saturday 25 July
    1:15 pm
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