Key features of the property include:
- Development Approval: the asset carries development approval for a 34-lot residential subdivision providing immediate development potential and the opportunity to deliver premium residential product to supply-constrained market.
- Strong Development Fundamentals: The asset represents an expansive 2.68Ha* landholding, with 192m* of frontage to Beams Road. Largely constraint-free with regular-shaped allotment and a significantly cleared development footprint – enabling and efficient streamlined project delivery.
- Premium Location & Revenue Potential: Situated within one of North Brisbane’s most exclusive and tightly held suburbs, the resultant lots will command premium pricing – with standard 600-800sqm lot sales already exceeding $1 million and constrained supply supporting continued price escalation.
- Favourable Demographics & Market Conditions: Bridgeman Downs median house value of $1,760,000^ with sustained 13.2% year-on-year growth. Affluent demographics (86.5% family households) with median incomes 70% above that of Queensland ensure strong purchasing power.
- Connectivity & Amenity: Excellent connectivity to Brisbane CBD (16km*) via Gympie Road with convenient public transport (bus stops and train station nearby). Close proximity to quality amenity – Carseldine Central Shopping Centre (700m*), Westfield Chermside (6.3km*), parklands, recreational facilities and highly regarded schools.
- Proven Depth of Market: Surrounded by successfully delivered estates demonstrating strong absorption and sustained buyer interest. Established demand profile at benchmark price points minimizes delivery and sell-down risk.
840 Beams Road is being offered for sale via Expressions of Interest campaign closing Wednesday 26 August 2026 at 4:00pm (AEST).
*Approximately
^Source: RP Data (2026)