Ray White Special Projects is pleased to present to market a unique and scarcely available development opportunity in the highly sought after Wavell Heights.
This rare offering features a 4 bedroom residence on 1,345m²* corner allotment presenting a range of potential opportunities including but not limited to:
• Split & sell down^
Key Highlights:
Generous 1,345m²* corner site - comprising two existing lots:
• Lot 36: 675m²*
• Lot 35: 670m²*
• Highly Desirable Location - Inner-north Brisbane suburb with strong market demand
• Subdivision Potential - Potential for further subdivision^
• Zoned Low-Density Residential - Ideal for boutique residential development
• Site Efficiencies - Near-level site with 70m* of direct street frontage and access to all essential infrastructure
Established Residence - Substantial 4-bedroom high-set timber home featuring:
• Original VJ board walls & high ceilings
• Sweeping North East rear veranda capturing local breezes
• Spacious living areas plus a functional kitchen & bathrooms
Convenience at Your Doorstep:
• Short stroll to local parklands
• Moments from Westfield Chermside - one of Australia's largest shopping centres
• Close to The Prince Charles Hospital
This is an unmissable opportunity to secure a blue-chip development site in one of Brisbane's most desirable suburbs. Whether you're looking to develop, invest, or create your dream home, this property offers the flexibility and potential to make it happen.
*Approximately
^Subject to Council Approval
The size of Wavell Heights is approximately 4.1 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Wavell Heights in 2016 was 9684 people. By 2021 the population was 10336 showing a population growth of 6.7% in the area during that time. The predominant age group in Wavell Heights is 30-39 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation.In 2021, 71.30% of the homes in Wavell Heights were owner-occupied compared with 70.60% in 2016.
Wavell Heights has 4,280 properties. Over the last 5 years, Houses in Wavell Heights have seen a 91.37% increase in median value, while Units have seen a 107.25% increase. As at 31 March 2026:
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