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Verney Estate, 19 Bell Terrace, Graceville, QLD 4075

Name: Verney Estate, 19 Bell Terrace, Graceville, QLD 4075
Address: Verney Estate, 19 Bell Terrace , QLD, Graceville, QLD, 4075
Telephone: +61 419 784 317

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Verney Estate, 19 Bell Terrace, Graceville, QLD 4075

Properties / Buy / Queensland / Graceville

Development Potential

1. Property Summary

Property Type

Residential, Child/Healthcare

Sub Type

House, Land Site, Aged Care

Land Area

24,808 m² (*approx)

Selling Method

Expressions of Interest: Closing on Thursday 27th July 2023 at 4pm (AEST)

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2. Property Highlights

Riverfront Heritage Estate - ‘Verney’

Knight Frank is please to present for sale ‘Verney’, a former seniors living facility and heritage mansion, spanning 2.48 hectares of absolute riverfront land. This remarkable property presents a unique opportunity to own Brisbane’s foremost riverfront estate.

With its rich history and the iconic Verney mansion, designed by Richard Gailey and built in 1888, the property offers various potential uses such as medium density residential, a grand family home, premium seniors’ living, or specialised healthcare (STCA^).

The surrounding area features a high median house price exceeding $1.8 million, attracting an affluent demographic that underwrites the growing demand for premium, low-maintenance residential offerings suitable for downsizers and retirees in Brisbane's inner western suburbs.

- Expansive Land area: 2.48Ha*

- Exceptionally positioned land with 140m* of Brisbane River frontage

- 8km* from the Brisbane CBD

- High surrounding median house price of ($1.8m) with an established affluent population

- Potential future uses include medium density residential, grand family home, premium seniors’ living or specialised healthcare (STCA)^

- Access by three (3) points via Bell Terrace, Verney Road and Bank Road.

‘Verney’ is For Sale by Expressions of Interest closing on Thursday 27th July 2023 at 4pm (AEST).

*Approx.

^Subject to Council Approval

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Development Potential