Colliers development site experts Brendan Hogan and Troy Linnane market a dual 27 and 37 storey tower development at 44 to 100 Barry Parade Fortitude Valley for sale on behalf of Tim Heenan and Sam Marsden of Deloitte, acting as Receivers and Managers.
A development site, touted as the missing link between the CBD and Fortitude Valley, with approval for a dual 27 and 37 storey tower development with 490 units and retail space is one step closer, with the site hitting the market through Colliers.
Located on the doorstep of Brisbane’s CBD, the 3,154sqm site, located at 44 to 100 Barry Parade Fortitude Valley, is being offered for sale by Colliers development site experts Brendan Hogan and Troy Linnane on behalf of Tim Heenan and Sam Marsden of Deloitte, acting as Receivers and Managers.
Designed by architects Rothelowman, the mixed-use project offers a striking, stageable residential led scheme, which will connect Fortitude Valley and the CBD, with only a short walk to Howard Smith Wharves, Eagle Street, James Street Precinct, and the Queen Street Mall.
Colliers Queensland Residential Director Brendan Hogan said strong population growth in SEQ was driving high demand for housing, making residential development site opportunities in key inner-city locations highly sought after.
“With limited new apartment supply coming to market and unmet demand, this type of development, offering one, two and three bedroom apartments is a much needed piece of the critical housing supply shortage,” Brendan Hogan said.
“We are expecting to see strong interest from local, interstate and offshore developers.
“The development site market in Brisbane has excellent fundamentals with Brisbane seen as having the best growth prospects of any city on the eastern seaboard of Australia,” Brendan Hogan added.
Colliers Queensland Residential Director Troy Linnane said this site offered a significant opportunity to develop a scheme that will shape Brisbane’s inner-city.
“Offering a three street frontage island site with preserved view corridors to the CBD, Story Bridge, Brisbane River, Spring Hill and New Farm, this is an excellent offering,” Troy Linnane said.
“Alternative development outcomes may include Build to Rent or Purpose Built Student Accommodation (STCA), which would compliment the stageability of the approved Build to Sell project.”
“It is very rare for a ready-to-go approved prime residential development site on the border of the CBD to hit the market, and we expect to see competitive market interest.”
This exclusive listing is offered for sale via an on-market expressions of interest (EOI) campaign closing Thursday, 10 April 2025 at 4:00pm (AEST).