29 Mitre Street, St Lucia, Qld 4067

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29 Mitre Street, St Lucia, Qld 4067-Image

29 Mitre Street, St Lucia, Qld 4067-Floorplan

House

Type

Bedrooms

Bathrooms

830 m²

Area

Last updated on Monday, July 27, 2026 ( See property details for 29 Mitre Street, St Lucia, Qld 4067)

$2,330,000

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AI Property Insight

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)

Suburb and Property Insights of St Lucia, QLD 4067

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

$2,330,000

830m² level allotment
Two 415m² lots on one title
LMR2 zoning
Approximately 20-metre frontage
Suitable for townhouse or boutique apartment development (STCA)
Approximately 500m to the University of Queensland and Guyatt Park CityCat Terminal
Approximately 100m to local shops, cafés, restaurants, and bus services
Approximately 5kms to Brisbane CBD
Ironside State School & Indooroopilly SHS catchments

Existing well-maintained four-bedroom home with immediate holding income potential
Rental appraisal: $1,100–$1,200 per week

Deceased Estate – Must Be Sold
Sold on an "As Is, Where Is" basis

Auction On Site | Saturday 25 July at 1:45pm (If Not Sold Prior)
42 Day Settlement

Type: House
Bedrooms: 4
Bathrooms: 1
Area: 830 m²

Map & nearby places — 29 Mitre Street, St Lucia, Qld 4067

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29 Mitre Street, St Lucia, Qld 4067

$2,330,000

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