Located at 43 Crown Street Holland Park West, there is an existing 1949 former 500sqm convent on site and the property is located within the Low Medium Density Residential (2 or 3 Storey Mix) Zone under the Brisbane City Council Planning Scheme 2014.
Sold through Robert Dunne and Will Carman of Savills Australia, the site is within walking distance to public transport and a range of local amenities.
Robert Dunne, Director, Commercial Sales at Savills Australia said Holland Park West has experienced strong growth in its median house price over recent years.
“Holland Park West residents enjoy proximity to the Brisbane CBD via regular bus services to the city, which is why the suburb is becoming more popular with urban professional couples and families.
“We had 84 interested parties with 51 people that got a copy of the DD which resulted in 20 offers – a clear indication that Holland Park West is certainly on the up and up” he said.
With easy access to the city along Logan Road or the Southeast Freeway and Busway, Holland Park Wests’ popularity with buyers is reflected in its strong growth.
Holland Park West has a mix of different housing styles, with quaint Federation style brick homes and Queenslanders being particularly popular.
Will Carman, Manager, Commercial Sales at Savills Australia said “The surrounding developments comprise a mixture of building types with post-war housing, sitting alongside walk-up developments from the 1960s through to the 1990s.
“In recent years, large, modern homes have been built on top of some of Holland Park Wests’ hills to take advantage of the views of Brisbane’s skyline”.