23-25 Norval Street, Salisbury, Qld 4107 - More Details
All offers must be submitted by 11 October
DA Approved 4-Lot Development
An exceptional development opportunity in the heart of Salisbury, 23 & 25 Norval Street, Salisbury, with 80 Kessels Road positioned to the rear, presents a rare opportunity to secure back-to-back lots with an approved 4-lot development. Offering flexibility for a range of development strategies, this site is ideally suited to developers, builders and astute investors seeking a well-positioned project with strong future potential.
With close proximity to Griffith University, QEII Hospital and major employment and medical precincts, the location provides access to a broad potential tenant and buyer market, including students, healthcare workers, professionals and local families.
Development Highlights:
• DA approved for 4 lots
• Back-to-back site configuration
• Prime Salisbury location
• Close to Griffith University
• Close to QEII Hospital and major medical facilities
• Opportunity to develop quality residential homes, subject to approved plans and relevant requirements
• Potential to investigate 6-bedroom rooming house accommodation, subject to planning, building and other relevant approvals
• Potential for strong rental returns from alternative accommodation strategies
• Opportunity to incorporate secure on-site car parking, subject to design and approvals
• Potential for additional income from secure parking, subject to final planning and approvals
• Multiple potential development and investment strategies
• Established residential location with excellent access to major amenities and transport
• Development & Investment Potential
The site provides the flexibility to explore different development outcomes. Investors may consider developing and selling individual residences, retaining completed dwellings as long-term investments, or investigating alternative accommodation options such as rooming-house use, subject to all relevant planning, building and operational approvals.
The site's proximity to Griffith University and QEII Hospital may provide access to a diverse and established tenant market, while the potential inclusion of secure parking could create an additional income opportunity.
Location Highlights:
• Close to Griffith University, Nathan Campus
• Close to QEII Hospital and medical precinct
• Convenient access to major transport routes
• Close to local shops, cafes and everyday amenities
• Easy access to Sunnybank, Nathan, Salisbury and surrounding suburbs
• Convenient access to Brisbane CBD and major employment hubs
• Surrounded by established residential and educational infrastructure
Whether your strategy is to develop and sell, build and hold, or investigate an alternative income-producing development, 23 & 25 Norval Street, Salisbury / 80 Kessels Road offers flexibility and significant potential in a highly sought-after location.
Contact Kamar Bal for further information, DA documentation and to discuss the development opportunity.
Disclaimer: All information has been provided in good faith and is believed to be accurate at the time of publication but cannot be guaranteed. Any development, subdivision, rooming-house accommodation, car parking or income potential is subject to relevant planning, building, council and other statutory approvals. Interested parties should conduct their own due diligence, obtain independent professional advice and make their own enquiries with the relevant authorities before proceeding.
- Type
- Residential Land
- Area
- 1,832 m²
