1.01ha* Riverfront Landholding with Significant Development Upside
Rare Scale. Prime Riverfront Position. Exceptional Future Potential.
Savills are selling 29 Grace Street, Corinda, a substantial 10,155sqm* riverfront landholding improved with an existing 3,530sqm* vacant 96-bed aged care facility, positioned in one of Brisbane’s most tightly held western suburbs.
With approximately 71.5m* of Brisbane River frontage and additional Grace Street exposure, this rare one-hectare parcel offers exceptional scale and flexibility. Redevelop immediately (STCA) or retain and reposition the existing facility.
Key Highlights
• 10,155sqm* (1.01ha*) landholding
• Approx. 71.5m* direct Brisbane River frontage
• Existing 3,530sqm* vacant 96-bed aged care facility (vacated December 2024)
• Established residential catchment within Brisbane’s western corridor
• Low Density Residential zoning (Brisbane City Plan 2014)
• Lapsed 2016 approval for 111-bed aged care redevelopment (4-storey form supported)
• Subdivision pathway supported (minimum 450sqm lots*)
FOR SALE: Contact Agents.
*Approx.
| Level | Tenancy | Sale Type | Price | AreaSqm | Status |
|---|---|---|---|---|---|
| n a | Expression of Interest | 10155.00sq m |