12 Newbery Street,

Newmarket

For owner-occupiers, this is a rare opportunity to start with a genuine blank canvas. Set on a substantial 622sqm allotment in one of Newmarket's most desirable residential pockets, the flat, well-proportioned site provides the space to create a significant new family home, with room to think bigger than is typically possible on smaller allotments. Surrounded by quality homes and impressive new builds, it combines scale, lifestyle and exceptional inner-city convenience just 5km from the Brisbane CBD and minutes walk to parklands.

Finally, an opportunity for investors also. Beyond a single new home, buyers can explore the potential for a secondary dwelling or duplex outcome, subject to Council approval. With proposed Federal tax reforms providing potential negative gearing and CGT benefits for qualifying new residential builds, the site may also present an increasingly compelling opportunity for investors looking for real estate opportunities that offer benefits (however buyers should always obtain independent advice).

• Generous 622sqm parcel offering exceptional scope for numerous options
• Approximately 13m frontage and an impressive 48m depth
• Flat, highly usable site providing flexibility in home and landscape design
• Desirable north-south orientation, ideal for considered architectural design
• Premium Newmarket pocket surrounded by quality homes and impressive new builds
• Walking distance to beautiful local parks and green spaces
• Moments from Newmarket Village, with shopping, cafes, dining, and everyday convenience
• Positioned within the highly regarded Newmarket State School and Kelvin Grove College catchments
• Excellent access to public transport and Brisbane's broader inner-city amenity
• Just 5km from the CBD, an increasingly rare opportunity to build a significant home this close to the city A note about flooding - Council's modelled creek flood level is below the site's minimum ground level. Council's mapping shows that the land has not been impacted by historical floods including 2022. The adjoining property has been constructed after the 2022 flood event, providing a practical reference for the floor level Council has approved previously for new construction in this location and that floor level was not impacted by flooding. Living close to Newmarket's beautiful parklands and creek means this is a consideration.