84 & 86 Wallace Street, Chermside, Qld 4032

Located in Brisbane's premier northern growth precinct, The Charles on Wallace presents a rare opportunity to acquire a DA-lodged development site designed for 16 well-sized apartments, with flexibility to support NDIS/SDA-compliant accommodation.

The Development Application proposes a high-quality, five-storey residential building across a 1,090m²* level corner site. All 16 apartments are located on Levels 1 through 5, while the ground floor provides 25 secure basement-style car parks, bike storage, and internal lift access.

The upper-floor layouts are generous in scale and configuration, offering wide adaptability to meet SDA design standards. Communal rooftop BBQ and pergola spaces complement the lifestyle appeal, creating a strong opportunity for developers and institutional housing providers targeting positive social impact and long-term rental resilience.

Key Highlights:
• DA lodged for 16 apartments over 5 upper levels (STCA)
• NDIS-adaptable layouts across all apartments
• Ground level fully dedicated to car parking (25 bays + bike storage)
• Rooftop BBQ and pergola communal area
• 1,090m²* MDR-zoned corner site | Two street frontages
• Flood-free, fully serviced, elevated positioning
• Holding income ~$50,000 p.a. from existing dwellings
• Offered with vacant possession at settlement

Location Benefits:
• 150m* to Prince Charles Hospital
• 800m* to Westfield Chermside and Bus Interchange
• 10km* to Brisbane CBD via Gympie Road
• Close to Holy Spirit Northside, schools, aged care, and medical hubs

Full DA documentation available on request

Disclaimer:
The information provided by The Urban Land Queensland is intended solely for the purpose of evaluating a potential purchase of the advertised property and is not to be used for any other purpose or shared with any other party, except where required for that purpose by your advisors or staff, without prior written consent from the vendor.

This information is based on details supplied by the vendor and other sources believed to be reliable, but has not been independently verified. It does not purport to contain all the information necessary to make a fully informed decision regarding the acquisition of the property.

The Urban Land Queensland Pty Ltd and its representatives do not warrant, represent, or guarantee the accuracy, adequacy, or completeness of the information presented, nor its suitability for any particular purpose.

The Urban Land Queensland accepts no liability for any loss or damage (whether caused by negligence or otherwise) resulting from reliance on this information. Prospective purchasers are advised to conduct their own independent investigations and due diligence as they deem necessary.

The vendor is not bound to proceed with any transaction unless and until a formal contract of sale has been executed by all parties. All maps, images, and renderings are for illustrative purposes only and may not accurately reflect the property or its potential.