13A Gibson Street, Annerley QLD 4103

Multi-dwelling redevelopment site | 1,017m² low-medium density zoning | 7-bedroom multi-income potential | Blue-chip Annerley location This property is best understood as a redevelopment or investment-grade holding rather than a conventional family home. The 1,017–1,042 m² landholding with low-medium density zoning and no flood or heritage overlays provides rare optionality in a tightly held inner-Brisbane suburb. The existing circa 1970s block of five flats generates immediate multi-income yield while you pursue longer-term development upside. For developers or land-bank buyers, the site’s configuration and council’s 2–3 storey mix expectation make it competitively scarce. The primary risk lies in the property’s inconsistent data—whether it’s a single title or strata complex will materially affect financing and redevelopment feasibility. You should confirm title and zoning details before proceeding. The rental estimate of $800 per week appears low for a seven-bedroom site, likely reflecting the multi-unit configuration; a proper rental appraisal is needed. The opportunity is that this property sits in a suburb with strong owner-occupier demand and good schools, which supports both capital growth and future subdivision or townhouse development.