Positioned on a substantial 1.49-hectare site, 358 Manly Road presents a rare and compelling opportunity for developers and investors seeking scale, flexibility, and strong fundamentals in Brisbane's eastern corridor. With 6 existing townhouses in place and an approved pathway for future development, this is a site that delivers opportunity in a prime location.
The property currently comprises of six existing townhouses, each offering three bedrooms, two bathrooms, and double car accommodation. Adding to the appeal is an existing development approval for a further 29 townhouses positioned to the rear of the site, allowing for staged delivery while completing the front asset.
Features we love:
- Substantial 1.49ha landholding offering scale rarely seen this close to major infrastructure
- Six existing townhouses (3 bed, 2 bath, 2 car)
- Development approval in place for an additional 29 townhouses
- Approved scheme with 27% site coverage for the new development
- Efficient townhouse product aligned with current market demand
- Strong fundamentals for owner-occupier and investor resale
- Flexible future options subject to further optimisation
Located within Brisbane's tightly held eastern corridor, the site benefits from proximity to major transport routes, employment hubs, shopping precincts, and the lifestyle amenities of the Bayside. Demand for medium-density townhouse product in this region continues to strengthen, underpinned by population growth, affordability pressure, and buyer preference for low-rise, community-style developments.
Development opportunities of this scale are exceptionally rare - enquire today. Private viewings on request.
Price Disclaimer: This property is being sold without a price, and therefore a price guide cannot be provided.
The size of Manly West is approximately 5.1 square kilometres. It has 25 parks covering nearly 11.7% of total area. The population of Manly West in 2016 was 11978 people. By 2021 the population was 12436 showing a population growth of 3.8% in the area during that time. The predominant age group in Manly West is 40-49 years. Households in Manly West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manly West work in a professional occupation.In 2021, 72.60% of the homes in Manly West were owner-occupied compared with 70.40% in 2016.
Manly West has 5,165 properties. Over the last 5 years, Houses in Manly West have seen a 97.78% increase in median value, while Units have seen a 131.22% increase. As at 28 February 2026:
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