CBRE is pleased to present to market 62-68 Carl Street, a strategically positioned large-scale infill development site in the heart of Woolloongabba.

Positioned on a 2,026sqm* site in the heart of Woolloongabba, 62-68 Carl Street is a significant inner-city development opportunity surrounded by major infrastructure, including The Gabba, the future Cross River Rail Woolloongabba Station and the Princess Alexandra Hospital, with exceptional connectivity to the Brisbane CBD.

The property benefits from a development approval for a Cottee Parker designed 15-storey residential development comprising 192 apartments. The approved scheme delivers approximately 13,347sqm* of gross floor area across a thoughtfully designed project featuring 1,148sqm* of communal open space, rooftop recreation facilities, 165 car parks and 132 bicycle space.

With Woolloongabba continuing to benefit from strong population growth, infrastructure investment and increasing housing demand, the approved scheme provides an outstanding opportunity to deliver a large-scale residential project within one of Brisbane’s major urban renewal precincts.

Property Highlights:
+ Shovel-ready 2,026sqm High Density Residential development site*
+ Development Approval in place for a 15-storey residential project comprising 192 apartments
+ Securely held gross income stream of $239,720 p.a. generated by fully leased residential dwellings
+ Approval provides for approximately 13,347sqm of Gross Floor Area and 165 on-site car spaces
+ Rare amalgamation of three adjoining lots creating a substantial inner-city development opportunity
+ Prominently positioned opposite Buranda Village and 750m* from the Princess Alexandra Hospital, just 2.2km* from the Gabba Cross River Rail precinct
+ Strategically located between Ipswich Road and the Pacific Motorway, benefiting from exposure to approximately 980,000 vehicles weekly and only 3.5km from the Brisbane CBD

62-68 Carl Street is For Sale via Expressions of Interest closing 4PM (AEST) Wednesday 2 December 2026.

Approximately *