Rare Inner-City Opportunity
Estate & Co are proud to exclusively present a significant development opportunity in the heart of Bowen Hills—19 Mallon Street and 8 Best Street.
Totaling 2,548m² this site is situated adjacent to the planned Brisbane 2032 Olympic Athletes’ Village, which will accommodate over 10,000 athletes and officials during the Games. This strategic location within the Bowen Hills Priority Development Area and Emerging Community Zoning under Brisbane City Council offers a multitude of development possibilities (subject to approvals).
Potential uses include:
Residential Development
– High-density apartments or mixed-use developments
– Build-to-rent projects for long-term investment
Commercial & Retail:
– Office spaces for businesses seeking proximity to the CBD
– Retail precincts including cafés, restaurants, and boutique shops
– Co-working spaces or innovation hubs
Accommodation & Short-Stay:
– Hotel or serviced apartments for Brisbane visitors
– Student accommodation given the proximity to universities and colleges
– Boarding house redevelopment maintaining heritage elements with modern upgrades
Community & Lifestyle:
– Medical or health precinct (e.g., allied health, wellness centers)
– Education facilities such as childcare or training centers
– Cultural and entertainment venues
Mixed-Use Development:
– Residential with ground-floor retail or office spaces
– Entertainment and lifestyle hubs enhancing the area’s vibrancy
– Urban renewal projects integrating green spaces and pedestrian-friendly designs
Given the strategic location and strong demand for urban growth, this site presents a rare opportunity for developers to create a landmark project in one of Brisbane’s most dynamic precincts.
Property Breakdown:
19 Mallon Street – 1,150m²
– Features a 29-room boarding house with some heritage considerations (check with BCC).
– Provides holding income, making it a great asset while future plans are finalized.
8 Best Street – 1,398m²
– Currently vacant land, leased as a car park, generating additional holding income.
Key Highlights:
– Prime inner-city location with unbeatable access to Brisbane’s CBD, major transport links, and lifestyle precincts.
– Stunning potential views in all directions.
– Significant development potential in one of Brisbane’s fastest-growing precincts.
– Rare chance to secure a substantial landholding in a high-demand area.
Significant opportunity to compliment the proposed plans for 2032 Olympic Games by providing needed ammenity. See proposal details here – https://www.abc.net.au/news/2025-03-25/brisbane-2032-olympic-games-venue-list/105090254
This property is being sold without a set asking price—all enquiries are welcome.
For further details or to arrange a private discussion, contact the exclusive listing agents today.
