- Located In Bardon, an affluent inner-west suburb of Brisbane
- The site is a 148,064sqm amalgamation
- Just over 13,000sqm of the site is not covered by a Vegetation Protection Order - thus significant development opportunities
The Sisters of Mercy have announced their property in Bardon, an affluent suburb about five kilometres north-west of Brisbane CBD, is for sale.
Previously the Congregation’s novitiate, the hill-top site is a 148,064 square metre amalgamation with views of the Brisbane CBD and is within the Mt Coot-tha Local Area Plan.
The large site at 371 Simpsons Road holds significant potential from a development point of view. This includes multi-level residential, large private home, land subdivision, education, retirement, aged care or a health and wellness orientated precinct.
Currently, the Sisters of Mercy Congregation administration offices are housed at the property, and until last year was used as accommodation and conference facilities.
About 13,090sqm of the site is unaffected by a Vegetation Protection Order that is placed among the remaining acreage.
A review was undertaken of the landholding due to a reduction of the congregation, which deemed the site surplus to its needs. Once a renovation process is complete, the Sisters of Mercy will relocate their offices to an alternative property.
The Sisters of Mercy have appointed Mike Walsh and Peter Court, Cushman & Wakefield’s Joint Heads of Middle Markets Queensland, to manage the sale.
“Given the sheer size, unique nature and range of suitable development purposes for the Bardon site, we are expecting overwhelming interest from a range of developers, said Mr Court
“This is a truly unique piece of Brisbane real estate with limitless potential for an incoming purchaser to craft a vision for such a substantial inner-city holding.”
Mike Walsh, Cushman & Wakefield
Due to the significant potential of the site, a price guide is currently unavailable.