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16 Prospect Terrace

Hamilton, QLD 4007, Australia

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About this property

Phone Enquiry ID: 235300 It's now selling. Don't miss out on this opportunity, one of the last in Brisbane! This block of land positioned high on Hamilton Hill in one of Brisbane's most tightly held and illustrious enclaves is up for sale. This exceptional 615m² block of land presents a rare opportunity to secure bluechip land in an elite address and presents one of the last remaining chances to craft your own luxurious sanctuary amidst Brisbane's finest residences. Surrounded by some of Brisbane's finest and most prominent homes and capturing the essence of luxury living, this premium block offers the perfect blank canvas to build your dream home. Approved for a multi-dwelling development consisting of 2 apartments split over several terraced storeys & boasting dual street access from Eldernell Terrace and Prospect Terrace, this property presents an extraordinary opportunity to construct one of Brisbane's most prestigious homes. Set amongst multimillion dollar properties on one of Hamilton's most desirable streets, the possibilities here are endless, whether you envision an architectural masterpiece, a forever family home, or an astute long-term investment. Seize every opportunity to marvel at spectacular views. Whether it be sunsets, fireworks displays across the city, or Brisbane's beautiful skyline. Property highlights include: - Elevated 615m² allotment in a prestigious blue-chip location - Unique 2-street entry (16 Prospect Terrace & 22 Eldernell Terrace) - Surrounded by luxury residences and recent record-breaking sales - Opportunity to design and build your dream home - Close to elite schools, Racecourse Road dining, Portside Wharf, Riverwalk, City Cat Ferry and the Brisbane CBD (13-minute drive) - Positioned within the Ascot State School catchment zone - Easy access to Brisbane Airport (11-minute drive), major transport links and the river precinct Development Application: - Approval for 2-multi dwelling horizontal development - Frontages // 17.2 metres // 28.5 metres - Floor space is approximately 1,000 sqm - Separate garage and lifts to each dwelling - Plans registered until 2029 with extension opportunities - Build in via the easement on Prospect Tce (bottom of the block) This is a rare offering in an irreplaceable locationland of this calibre in Hamilton is becoming increasingly scarce. Secure your future and capitalize on the prestige, lifestyle and potential that only Hamilton Hill can offer. Disclaimer: We have made every attempt to ensure the information contained in this advertisement is true and accurate. We take no responsibility and disclaim all liability in respect to any errors or omissions. We encourage prospective purchasers to do their own research. Ross and Gabby Petersen selling via Ben Travers - bentravy@gmail.com *Initial enquiries via email only // Interested parties only*

Property Features

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    Repayment calculator

    $7,078/month
    $3,539 /fortnight
    Loan $1,168,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$292,000
    Stamp duty$64,475
    Conveyancing (est.)$2,000
    Total upfront$358,475
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    615m²
    Listed
    2 days ago

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