59 Bunya Street, Greenslopes, Qld 4120

Auction

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
844 mΒ²
Area

Last updated on Friday, April 10, 2026 ( See property details for 59 Bunya Street, Greenslopes, Qld 4120)

Auction

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

A rare inner-city development opportunity in Greenslopes featuring a character home on a large, versatile 844sqm block with approved subdivision plans and excellent future potential.

🏑 Property Highlights

  • DA approval in place for subdivision into two lots
  • Expansive 844sqm parcel with a 21.5 metre frontage
  • Potential for multi-dwelling development (STCA)
  • Existing character home with renovation potential
  • Strategic location just minutes from Brisbane CBD
  • Situated within the highly regarded Brisbane South State Secondary College catchment

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Home Office / Study
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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59 Bunya Street
Greenslopes, QLD 4120
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Vertical aerial view β€” 59 Bunya Street
59 Bunya Street — Vertical Aerial  •  Greenslopes, QLD 4120  •  Nearmap © 2026

Greenslopes is a highly sought-after inner-city suburb renowned for its vibrant community, excellent connectivity to Brisbane CBD, and proximity to major hospitals and retail precincts. The area offers a mix of character homes and development opportunities, making it ideal for investors and families alike. Its strong demand and strategic location ensure long-term growth and lifestyle appeal.

What are the development possibilities for this property?
The property has DA approval in place for subdivision into two lots and offers potential for multi-dwelling projects (STCA), providing flexibility for various development outcomes.
Can the existing character home be renovated?
Yes, the character home offers a generous floorplan and is protected under character protections, making it suitable for renovation into a substantial family residence.
What amenities are nearby?
The property is conveniently located minutes from Brisbane CBD, transport links, retail precincts, Greenslopes Private Hospital, and is within the Brisbane South State Secondary College catchment.
Is there scope for future value growth?
Yes, the strategic location, approved subdivision plans, and high demand in Greenslopes suggest strong potential for future value appreciation.
What are the zoning and planning considerations?
The property is subject to local planning guidelines, with existing DA approval for subdivision and potential for multi-dwelling development (STCA).
Are there any hidden costs or additional fees associated with the subdivision approval? Have all necessary permits and approvals been obtained, and are there any restrictions or easements on the property? Are there any known defects or issues with the existing character home that could affect renovation plans? What are the zoning restrictions and building height limits for future development? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or construction projects nearby that could impact the property? What are the strata or body corporate considerations, if applicable? Are there any easements or covenants that could limit development or renovation options? What are the ongoing maintenance costs for the property and land? Is there any history of previous damage or structural issues with the existing home?

59 Bunya Street, Greenslopes, Qld 4120 - More Details

Auction

A rare offering in one of Brisbane's most sought-after inner-city suburbs, this 844sqm parcel with an expansive 21.5 metre frontage set on two lots provides a sophisticated prospect for developers and investors seeking a high-calibre landholding with significant potential, DA in place to create two residences.

The site's generous dimensions and wide frontage allow for a variety of development outcomes, from subdivision to multi-dwelling projects (STCA), delivering flexibility in design and the opportunity to maximise yield in a tightly held location. Wide-frontage blocks of this scale are increasingly scarce in established inner-city markets, making this an exceptional proposition for strategic development.

Importantly, the property is improved by an existing character home, offering a generous floorplan and retained under character protections, preserving its architectural charm and streetscape presence. This provides an outstanding opportunity to renovate and transform into a substantial family residence, or thoughtfully integrate into a broader development scheme in line with planning guidelines.

Strategically located just minutes from the CBD, Greenslopes benefits from robust buyer demand, excellent connectivity, and proximity to key amenities including major hospitals, transport links, and vibrant retail precincts. Its positioning within the highly regarded Brisbane South State Secondary College (BSSSC) catchment further enhances the long-term appeal and marketability of any development.

- 844sqm premium block with 21.5m frontage
- DA approval in place for subdivision into 2 lots
- Multi-dwelling development potential (STCA)
- Wide frontage enabling flexible design and maximised yield
- Character home protected from demolition with generous existing floorplan
- Excellent renovation potential into a large family residence
- High-demand, tightly held inner-city suburb
- Minutes to Brisbane CBD, transport, retail, and Greenslopes Private Hospital
- Situated within BSSSC catchment, strengthening end-value

A sophisticated opportunity to secure a prime development site where scale, frontage, character, and location converge to deliver exceptional potential.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
844 mΒ²

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