Property Listings –QLD
4-6 MARMION PARADE, TARINGA 1,513sqm Double Block located in the Heart of Taringa
FOR SALE 4-6 Marmion Parade, Taringa
• Significant double block which in amalgamation forms a 1,513sq m* inner city development site located 1km* from Toowong Village and 5km*from the Brisbane CBD • Zoned LMR2 Low-medium density residential (2 or 3 storey mix) within the Taringa Neighbourhood Plan offering untapped development opportunity. • Development potential: the site could accommodate; caretaker’s accommodation, dual occupancy; residential care facility, aged care facility, rooming accommodation or subdivision for freehold lots or multiple dwellings of up to 2 to 3 storey’s (subject to Council approval)
• Existing improvements include a two-storey detached 5-bedroom, 3-bathroom residential dwelling, with a pool and tennis court. • Positioned in a leafy corridor, the property is within walking distance to a number of schools, public parks, cafes and transport options. The core characteristics of the location are highly desirable attributes offering an idyllic lifestyle setting resulting in strong demand within the area. • Brisbane is experiencing significant growth following considerable Public and Private spending on key infrastructure projects across the region in addition to the recent successful tendering of the 2032 Olympic Games.
• Median house price within Taringa is over $1.5 million with 10.2% growth over the last 12 months.
Josh Baker 0404 007 766 jobaker@savills.com.au
Robert Dunne 0418 888 840 rdunne@savills.com.au
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78 –February / March 2023
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