54 Manchester Terrace

Indooroopilly QLD 4068

A rare Indooroopilly opportunity offering scale, elevation and exceptional development potential, 54-56 Manchester Terrace presents one of the suburb's most versatile landholdings - an 810m double lot with existing demolition approval and sought-after LMR (LowMedium Density Residential) zoning.Positioned high on the ridge with sweeping outlooks and cooling breezes, this property gives buyers enormous flexibility: redevelop, subdivide, land-bank or renovate. With two existing lots on one title, the future upside is compelling, with scope to investigate future potential outcomes (STCA and Service Connections). Development & Investment Highlights 810m across two lots (1 title) LMR2 zoning 23 storey mix Demolition approval in place to remove the existing pre-war home Potential to explore subdivision and a range of residential development outcomes (STCA & service connections) Elevated position with district views and potential for city views Over 20m frontage Rare Indooroopilly infill development site Cashflow potential: current dwelling can be leased while preparing approvals or land-bankingExisting Dwelling Dual Living & Immediate Income PotentialWarm, inviting and full of character, the current pre-war home includes high ceilings, VJ walls, timber floors and excellent indooroutdoor flow. Configured for dual living, it offers two self-contained spaces ideal for multi-generational households or rental income streams.Features include: 4 bedrooms across two levels Separate living spaces and outdoor entertaining zones Full kitchen, bathroom and bedroom on the ground floor Large saltwater swimming pool Elevated entertaining decks capturing breezes Practical layout with strong rental appealWhether retained for passive income or removed to unlock the site's full development potential, the existing home provides flexibility rarely available in such a premium location.Unbeatable Location Walk to EverythingSurrounded by high-performing schools and major transport links, this address offers unmatched convenience: Indooroopilly Shopping Centre Taringa Train Station Indooroopilly State School Brisbane Boys' College St Peters Lutheran College QASMT Local parks, cafes and bus routesSchool catchments and nearby options include: Holy Family Primary (760m) Brigidine College (818m) Indooroopilly State School (1.03km) St Peters Lutheran College (1.4km) BBC (1.43km) Montessori Children's House (500m) Toowong State School (2.1km)A Rare Indooroopilly OfferingOpportunities of this scale and versatility in central Indooroopilly are few and far between. Whether you are a developer, investor, builder or owner-occupier seeking a blue-chip site with long-term upside, 54 Manchester Terrace delivers an exceptional foundation for your next project.Act fast - premium double lots with demolition approval in this precinct are extremely tightly held.