42 Prospect Terrace, St Lucia, Qld 4067-Image

For Sale

42 Prospect Terrace, St Lucia, Qld 4067

Auction

House

Type

Bedrooms

Bathrooms

Parkings

607 m²

Area

Last updated on Friday, June 05, 2026 ( See property details for 42 Prospect Terrace, St Lucia, Qld 4067)

Auction

JoJo Wu - Real Estate Agent - Brisbane Real Estate - Indooroopilly

JoJo Wu Sales Executive

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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 property offering immediate livability, development potential, and a prime location in St Lucia with scenic views and strong growth prospects.

🏡 Property Highlights

DA-approved for two 304m2 lots, offering development potential
Elevated 607m2 allotment with leafy outlook and scenic views
Existing charming 2-bedroom, 2-bathroom character home with immediate livability
Prime location close to The University of Queensland and elite schools
Strong long-term growth prospects with low-medium density zoning
Flexible options to hold, rent, renovate, or develop

✨ Key Features

Outdoor Area
Built-in Robes
Garage
Open-Plan Living
Waterfront / Views
Home Office / Study
Ceiling Fans
Security Screens / Gates
Fly Screens
Extra Storage (Shed/Linen)

Suburb and Property Insights of St Lucia, QLD 4067

St Lucia is a highly sought-after suburb renowned for its leafy streets, scenic views, and proximity to the Brisbane River. It offers excellent access to top educational institutions, including the University of Queensland and elite private schools. The area boasts vibrant local cafes, parks, and shopping precincts, making it ideal for families and professionals alike. With strong growth potential and a peaceful, community-oriented atmosphere, St Lucia remains a premier choice for lifestyle and investment.

Frequently Asked Questions

What are the development options for this property?

The property has DA approval for two 304m2 lots, with potential for various residential development outcomes subject to council approval and STCA (Subject To Council Approval).

Is the existing home suitable for immediate occupancy?

Yes, the charming 2-bedroom, 2-bathroom character home is move-in ready and offers immediate liveability and holding income.

What amenities are nearby?

The property is within walking distance to local shops, cafes, parks, bus stops, and is close to The University of Queensland, Ironside State School, and Indooroopilly shopping precincts.

Can I explore other development opportunities on this land?

Yes, the low-medium density zoning and increased building height potential allow for a range of residential development options, subject to council approval.

What are the views and outlook like?

The property enjoys elevated suburban views and a leafy outlook, with future potential to further capture the scenic vistas from multiple new builds.

What to ask about this property to agent?

Are there any additional costs or fees associated with the approved development plans? Have all necessary council approvals and permits been obtained for the current DA? Are there any easements, covenants, or zoning restrictions that could impact future development? Is there any history of flooding or bushfire risk in this area? Are there any ongoing or upcoming construction projects nearby that could affect the property’s value or livability? What are the strata or body corporate considerations, if applicable? Are there any known defects or issues with the existing home or land? Is the property compliant with all local building codes and regulations? What are the potential costs for future development or renovations? Are there any restrictions on building height or design due to local planning policies?

42 Prospect Terrace, St Lucia, Qld 4067 - More Details

Auction

Type: House
Bedrooms: 2
Bathrooms: 2
Parkings: 2
Area: 607 m²

42 Prospect Terrace, St Lucia, Qld 4067 - Point Of Interest

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42 Prospect Terrace, St Lucia, Qld 4067

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