He said both lots fall within the Yeerongpilly Transit Oriented Development (TOD) neighbourhood plan under Brisbane City Plan 2014.
The sites support diverse housing typologies including build-to-sell, build-to-rent, retirement living, aged care, social and affordable housing, student accommodation, and short-stay or hotel uses.
Consolidated Properties Group recently secured development approval for a 25-storey, 181- apartment residential tower on King Arthur Terrace within the same precinct, demonstrating council support for high-density outcomes.
All necessary service infrastructure connections - water, sewer, electricity, and telecommunications - are available.
The sites are accessible from Godiva Avenue (Lot 508) and Fig Tree Street (Lot 509), with full infrastructure and road networks already delivered as part of more than $30 million in community infrastructure investment.