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Woolloongabba Real Estate - KANGAROO POINT

87 Walker Street, Taringa, QLD, 4068

DA-Lodged Boutique Townhouse Development Opportunity – Prime Inner-West Brisbane

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Published on Friday, July 31, 2026 ( See property details for 87 Walker Street, Taringa, QLD, 4068)

Daniel McCormack - Real Estate Agent - Woolloongabba Real Estate - KANGAROO POINT

Daniel McCormack Principal

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Tom Ferris - Real Estate Agent - Woolloongabba Real Estate - KANGAROO POINT

Tom Ferris Director of Sales

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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.

Exceptional DA-lodged boutique townhouse development opportunity in a highly sought-after inner-west Brisbane location, offering 11 architecturally designed residences with dual street access and strong market demand.

🏡 Property Highlights

Development application lodged for 11 architecturally designed townhouses
Prime 1,760m² inner-west Brisbane site with dual street frontage
Strong demand area close to Brisbane CBD, UQ, and Indooroopilly Shopping Centre
Designed by renowned Verve Design Group with contemporary subtropical architecture
Premium 3 and 4-bedroom residences targeting owner-occupiers and downsizers
Excellent connectivity with Taringa Train Station within walking distance

✨ Key Features

Garage
Outdoor Area
Built-in Robes
Open-Plan Living
Balcony
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Pet-Friendly

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87 Walker Street

Taringa, QLD 4068

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Suburb and Property Insights of Taringa, QLD 4068

Taringa is a highly desirable inner-west Brisbane suburb known for its established community, excellent transport links, and proximity to major amenities. It offers a vibrant lifestyle with easy access to Indooroopilly Shopping Centre, UQ, and the Brisbane CBD. The area features a mix of character homes and modern developments, making it ideal for owner-occupiers and investors seeking premium, low-maintenance living. Taringa's strong demand and limited supply make it a prime location for boutique townhouse projects.

Frequently Asked Questions

What is the expected completion date for the townhouse development?

The development is currently in the planning stage with construction timelines to be confirmed upon project approval and contractor engagement.

Are there any restrictions or covenants on the property?

The property has a lodged Development Application for the approved townhouse scheme; further restrictions or covenants will be detailed in the planning documentation.

What are the zoning details for this site?

The site is zoned for residential development, with approved plans for 11 townhouses, supporting medium-density residential use.

Is there potential for future subdivision or additional development?

The current approved plans are for 11 townhouses; any future subdivision or development would require further approvals and feasibility assessment.

What infrastructure and amenities are nearby?

The property is within walking distance to Taringa Train Station, Indooroopilly Shopping Centre, UQ, and major employment and lifestyle hubs.

What to ask about this property to agent?

Are there any additional costs or levies associated with the development approval process? Has the site been surveyed for any easements, encumbrances, or zoning restrictions that could impact development? Are there any known environmental or bushfire risks on the property? What are the current planning controls and height restrictions for this site? Is there any ongoing or planned nearby construction that could affect future development or living conditions? Are there any strata or body corporate arrangements applicable to the development site? What are the flood risk assessments and drainage considerations for this location? Are there any existing defects or issues with the land that need to be addressed prior to development? What is the status of approvals and compliance documentation for the project? Are there any community or neighbourhood restrictions that could influence design or usage?

87 Walker Street, Taringa, QLD, 4068 - More Details

DA-Lodged Boutique Townhouse Development Opportunity – Prime Inner-West Brisbane

DA-Lodged Boutique Townhouse Development Opportunity – Prime Inner-West Brisbane **Australian Commercial & Residential Group** is pleased to present **87 & 87A Walker Street, Taringa** to the market via Expressions of Interest. Positioned within one of Brisbane's most tightly held and supply-constrained inner-west precincts, this exceptional **1,760m²** development opportunity offers a rare chance to secure a **DA-lodged boutique townhouse project** in the heart of the highly sought-after Indooroopilly growth corridor. The approved design comprises **11 architecturally designed four-storey townhouses**, delivering a premium owner-occupier product ideally suited to today's market. Designed by **Verve Design Group**, the scheme includes **nine 3-bedroom and two 4-bedroom residences** ranging from approximately **194m² to 280m²**, featuring private double garages, rooftop terraces, contemporary subtropical architecture and outstanding street appeal across dual frontages to Walker Street and Waverley Road. Located just **8km from the Brisbane CBD**, approximately **700 metres from Taringa Train Station**, and within minutes of Indooroopilly Shopping Centre, The University of Queensland, leading schools and major employment hubs, the project benefits from strong underlying demand from owner-occupiers, professionals and downsizers seeking premium low-maintenance living. For developers, the opportunity presents a significantly de-risked pathway to delivery, with a Development Application already lodged and a project specifically designed to capitalise on the continued strength of Brisbane's premium townhouse market. The Information Memorandum outlines a projected **Gross Realisation Value of approximately $20.6 million**, supported by comparable premium townhouse sales within the immediate locality. ### Key Investment Highlights * 1,760m² development site with valuable dual street frontage * Development Application lodged for 11 premium townhouses * Designed by renowned Verve Design Group * Premium 3 and 4-bedroom product targeting the owner-occupier market * Approximately 8km from Brisbane CBD * Walking distance to Taringa Train Station * Close to Indooroopilly Shopping Centre, UQ and major lifestyle amenities * Strong feasibility supported by premium comparable sales * Rare opportunity within one of Brisbane's most established and tightly held residential precincts This is an outstanding opportunity to acquire a premium development site with planning already well advanced, allowing developers to accelerate delivery in one of Brisbane's highest-performing residential corridors. **For further information or to arrange access to the Information Memorandum, contact Australian Commercial & Residential Group.**

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