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2 Springfield Street, MacgregorFOR SALE NOW
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2 Springfield Street

Macgregor, QLD 4109, Australia
FOR SALE NOW
13 bed 4 bath 6 car4116 m²

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About this property

4,116m² MEDIUM-DENSITY DEVELOPMENT OPPORTUNITY | JUST LISTED An extraordinary landholding positioned in one of Brisbane's most connected and high-performing growth corridors, this 4,116m² medium-density development opportunity represents a rare chance to secure a large-scale site with holding income and long-term development upside. Comprising four adjoining titles with three street frontage: 2 Springfield Street, Macgregor - 2,140m² 2 Mintern Street, Macgregor - 582m² 4 Mintern Street, Macgregor - 683m² 6 Mintern Street, Macgregor - 711m² TOTAL SITE AREA: 4,116m² Location Highlights Walking distance to Westfield Garden City, one of Brisbane's premier retail and dining destinations Minutes to Griffith University, QEII Hospital, and major employment centres Excellent access to major arterial networks including M1 Motorway, Gateway Motorway, and Kessels Road Proximity to leading schools, childcare centres, and public transport Development Potential Zoned Medium Density Residential (Brisbane City Council) Suitable for apartments or townhomes (STCA) Increased building height limits allow developers to maximise design efficiency, outlook, and yield Expansive 4,116m² site area across four lots provides flexibility for staged development or larger-scale delivery Holding Income Strong combined rental income of approximately $300,000 per annum Multiple established assets provide immediate cash flow while planning or approvals are undertaken. Previous DA Approval The site previously held an approval for 95 apartments, comprising: • 8 - 1-Bedroom Apartments • 82- 2-Bedroom Apartments • 5- 3-Bedroom Apartments This proven concept underscores the site's suitability and potential for higher-density outcomes under current planning provisions. Summary A prime, income-producing development opportunity with unmatched accessibility and long-term growth fundamentals. Opportunities of this calibre within Brisbane's inner-south are exceptionally rare, presenting outstanding scope for developers, investors, and syndicates alike. FOR SALE NOW For further information or to arrange an inspection, please contact: Mark Smith

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
13
Bathrooms
4
Parking
6
Land Area
4116 m²
Listed
3 months ago

Repayment calculator

$6,758/month
$3,379 /fortnight
Loan $1,115,200 at 6.10% over 30 years

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

Upfront costs

Deposit$278,800
Stamp duty$60,680
Conveyancing (est.)$2,000
Total upfront$341,480
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.

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Neighbourhood

Living in Macgregor

This 13-bedroom house in Macgregor, QLD 4109 sits within reach of public transport, local shops and nearby schools.

Schools near Macgregor

  • MacGregor State Schoolprimary · Prep-6 · CoEd
  • MacGregor State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Kessels Rd at MacGregor, stop 59 (bus)38 m away
  • Best Friends207 m away
  • Unnamed394 m away
  • Roly Chapman Bushland Reserve775 m away
  • Delfin Street Park814 m away

Macgregor at a glance

Full suburb profile
Population
5,980
Median age
34
Household income
$1,752/wk
Median rent
$430/wk
Median mortgage
$1,950/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Macgregor price trend

Median sold · House 3 bed

Compound growth +13.5% / yr over 4 yrs

$1.44mcurrent median

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