Driveway auction to health check appetite for smaller inner-city Brisbane home blocks

3 weeks ago 30

Agent Nicholas Hall at 38 Regent street in Petrie Terrace. Picture Lachie Millard A pint-sized driveway in Brisbane’s CBD which is believed to be the smallest block of land ever offered for sale in the River City will go to auction this weekend. But if the Brisbane City Council gets its way, and plans for blocks smaller than a tennis court are approved, it will feel like an expansive estate come the Brisbane Olympics in 2032. Located at 38 Regent St in Petrie Terrace, the driveway spans 185sq m – a full 65sqm more than the minimum-sized blocks being proposed under changes to low-to-medium residential (LMR) zoning, which affects about 14 per cent of the city. 38 Regent Street (aka 219a Hale Street), Petrie Terrace Affected suburbs either partially or fully located in LMR zones include Morningside, St Lucia, Moorooka, Zillmere, Fitzgibbon, Bulimba, Indooroopilly, Nundah, Northgate, Clayfield, Hamilton, Ascot, Hawthorne, Coorparoo, East Brisbane, Stones Corner, Carina, Taringa, Toowong, Highgate Hill and Wynnum. And the Petrie Terrace driveway will likely be a litmus test for just how a block – any block – in Brisbane’s red-hot city centre can be. The Petrie Terrace block consists of ...

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