60-62 Junction Terrace

A rare and exceptional opportunity for astute buyers to secure a versatile 810sqm double lot in the heart of Annerley - complete with Development Approval and endless potential just 5km from the CBD. Elevated, flood-free and north-facing to the rear, this level site is ready for development with approved plans for five premium townhouses. Alternatively, take advantage of its flexibility - subdivide, build your dream home, design a project to suit your vision, or simply landbank and watch your investment grow in Brisbane's thriving inner south. Multiple Pathways to Unlock Value • Benefit from the existing DA approval for five spacious, premium townhouses (valid until 15 June 2026) • Subdivide the double lot - build your dream home on one parcel and realise the potential of the other • Subdivide and sell off individual land parcels to realise immediate returns • Develop two contemporary spec homes to meet Brisbane's booming buyer demand • Build a stylish new home designed for quick sale while retaining the adjoining block for future use or investment • Secure a blue-chip landbank in a tightly held suburb renowned for capital growth Approved Development Overview • Four spacious three-bedroom townhouses featuring 2.5 bathrooms and secure double garages • One stylish two-bedroom townhouse with two bathrooms and a single garage • All master bedrooms include generous walk-in wardrobes • Additional media rooms incorporated in Townhouses 1 and 3, offering versatile living spaces Premium Inner-City Location Perfectly positioned just 5km from the CBD, Annerley continues to shine as one of Brisbane's most in-demand inner-south suburbs - prized for its strong capital growth, village atmosphere and unbeatable connectivity. Junction Terrace is a tightly held pocket known for its character homes, wide leafy streets and easy access to everything that makes inner-city living so appealing. Residents enjoy a true lifestyle location: walk to Annerley Junction's local cafes, Woolworths, specialty stores and services; hop on a train at Buranda or Fairfield station; or jump on frequent buses straight to the city, South Bank or UQ. Families love the sought-after catchment for Junction Park State School and Brisbane South State Secondary College, while healthcare professionals appreciate proximity to the PA, Mater and Greenslopes Hospitals. Adding even more value, the proposed transformation of Buranda Village into a major mixed-use hub promises new shopping, dining and convenience right on your doorstep - ensuring strong demand for quality housing well into the future. Key Highlights • 810sqm across two lots - flat, flood-free, and North/South facing • DA approval for five spacious, premium townhouses - valid until 15 June 2026 • Flexible development options - build under the DA or design your own future • Walk to major shops, schools, hospitals and transport • Minutes to South Bank, the CBD and major arterials • Blue-chip growth location with multiple pathways to unlock value Opportunities like this are rare - a versatile landholding in a tightly held pocket with proven growth and consistent buyer demand. Whether you choose to develop now, subdivide and build, or hold for future value, this prime Junction Terrace location delivers an unbeatable lifestyle and exceptional investment potential. Disclaimer: This property is being sold either by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Any estimates on this page are not provided by the Agency or Agent and are not a price guide. Whilst every care has been taken to ensure the accuracy of the information contained herein, all information about the property has been provided to Ray White Stones Corner by third parties. Ray White Stones Corner does not warrant the information's accuracy or completeness and accepts no responsibility or liability in respect of any errors, omissions, inaccuracies, or misrepresentations that may occur. Parties should make and rely on their own enquiries in relation to all aspects of the property including but not limited to the information contained herein.