32 Brook Street, South Brisbane, QLD 4101 | House for sale | OnTheHouse
 
FOR SALE
Best Offers By 21st October

32 Brook Street
South Brisbane QLD 4101

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 468m2
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First Time to Market - 468sqm LMR2 Opportunity in South Brisbane

Offered to the market for the very first time, this much-loved three-bedroom cottage presents an exciting opportunity on 468sqm in one of South Brisbane's most connected inner-city locations. Held by the same family for generations, it combines an updated home you can enjoy today with genuine scope to renovate, build or explore the site's longer-term potential.
The home has been updated with a renovated kitchen and bathroom, creating a comfortable and practical base to move straight into. A patio at the rear provides an easy outdoor space to relax or entertain, while a double lock-up garage adds valuable off-street parking and storage. For those wanting to add their own touch, there is plenty of opportunity to renovate further and maximise the home and its position.
Zoned LMR2, the 468sqm site is where the opportunity really opens up. Recent Brisbane City Plan changes create greater flexibility to explore dual occupancy or subdivision, with the minimum dual occupancy site area reducing to 400sqm and minimum front lot size reducing to 120sqm. With frontage to Brook Street and additional rear access via Stephensons Lane, buyers have several exciting pathways to investigate: retain and renovate the existing cottage, build and maximise the site, or explore a broader subdivision or development outcome, all subject to Council approval and relevant planning requirements.
The location completes the picture. Positioned within the Brisbane State High School catchment and close to St Laurence's College and Somerville House, you're also moments from Mater Hospital, South Bank's parklands, dining and cultural precinct, and the Brisbane CBD. Whether the plan is to move straight in, renovate, build or investigate the broader development potential, this is a rare opportunity to secure 468sqm of LMR2 land in a prime South Brisbane position.
Best suited to families wanting an established home within the Brisbane State High School catchment, renovators looking to add value in a tightly held pocket, and builders or developers seeking a flexible LMR2 site close to the CBD.
A first-time offering pairing an updated cottage today with genuine flexibility on LMR2 land in inner South Brisbane.
• Updated three-bedroom cottage on 468sqm allotment
• First time offered to market in generations
• LMR2 zoning with exciting future potential
• Renovated kitchen and bathroom, ready to enjoy
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Property Details for 32 Brook St, South Brisbane

32 Brook St, South Brisbane is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 468m2. The place is currently for sale with Atlas | Brisbane.

Building Type
House
Land Size
468m2
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About South Brisbane 4101

The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.

South Brisbane has 10,571 properties. Over the last 5 years, Houses in South Brisbane have seen a 27.88% increase in median value, while Units have seen a 77.69% increase. As at 31 August 2026:

  • The median value for Houses in South Brisbane is $1,760,969 while the median value for Units is $945,447.
  • Houses have a median rent of $793 while Units have a median rent of $810.
There are currently 63 properties listed for sale, and 37 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 408 properties were sold in the past 12 months in South brisbane.

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Nick Morrison
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Jiggs Long
Atlas | Brisbane
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