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CBRE - QLD

58 High Street Toowong, QLD 4066

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58 High Street,
Toowong, QLD 4066

Development Sites & Land • Other • Shops & Retail
Added 4 days ago

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CBRE - QLD
Will Carman

CBRE - QLD

Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - QLD
58 High Street
Toowong, QLD 4066

Map of 58 High Street

Directions
  • Train stations within 5 km of 58 High Street, Toowong, QLD 4066Distance
    Toowong Station248 m
    Regatta Ferry Terminal560 m
    Taringa Station1.2 km
    Auchenflower Station1.3 km
    Indooroopilly Station2.2 km
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  • Tram stops within 5 km of 58 High Street, Toowong, QLD 4066Distance
    Guyatt Park Ferry Terminal1.2 km
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  • Bus stops within 5 km of 58 High Street, Toowong, QLD 4066Distance
    High St at Toowong130 m
    Jephson St at Toowong163 m
    High St at Toowong Village211 m
    Sherwood Rd at Jephson St229 m
    Brisbane St at Kayes Rocks323 m
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Permit Approved Development Site

  • 1,571sqm cleared development site
  • Development approved for 26 storeys
  • Zoned Medium Density Residential
Knight Frank & CBRE are pleased to exclusively offer for sale 58 High Street, Toowong QLD.
The key investment attributes of this opportunity are as follows:
•Located approximately 4 km* west of the Brisbane CBD with excellent connectivity via road, rail, ferry and bus networks
•Substantial 1,571 sqm* landholding with dual street frontage to High Street and Ebor Street
•Zoned Major Centre under the Brisbane City Plan 2014, permitting high-density mixed-use and residential development (STCA)
•Existing approval in place for a high-rise BTR residential scheme, consisting of 326 units
•Immediate proximity to Toowong Village, rail interchange, ferry terminal and major retail and lifestyle amenity
•Strong underlying apartment demand within Toowong and Brisbane’s inner-west, underpinned by constrained supply and continued population growth
•Flexibility to pursue alternative residential delivery strategies, including potential build-to-sell, student and short-term accommodation outcomes (STCA)

*Approximate, as of January 2026

58 High Street, Toowong presents a rare opportunity to acquire a highly strategic development site within a proven residential market. The property occupies a prominent position within the Toowong Major Centre and benefits from exceptional accessibility, strong surrounding amenity and direct connectivity to Brisbane’s CBD and key employment nodes. The existing approval provides a clear planning framework, while the site’s zoning and location offer flexibility for future development outcomes, subject to Brisbane City Council approval.

Underpinned by sustained demand for inner-ring apartments and limited competing supply, 58 High Street represents a compelling proposition for developers seeking exposure to one of Brisbane’s most established and resilient residential precincts.

58 High Street, Toowong QLD is offered for sale by Expressions of Interest closing 4:00pm AEST, Thursday 12th March 2026.

Toowong, 4066 demographic data

The median household income for Toowong is $1,927, 4% higher than Greater Brisbane's household income of $1,849. Toowong has a younger age profile compared to the rest of Greater Brisbane (median age 30 vs 36). Property ownership data shows 50% of property owners in Toowong have a mortgage.

12,556
Population
$1,927 per week
Median household income
30 years
Median age
Renters
Most residents
Families
Most households
CBRE - QLD
Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000