Colliers list 2,416sqm development site with 360-degree view corridors offering residential, hotel, serviced apartments or commercial opportunities
A rare inner-city development site with scale, views and located at the gateway to the Olympic precinct has been launched to the market, offering a timely solution to the city’s growing need for apartments and hotel accommodation ahead of the 2032 Games.
Colliers Queensland Residential experts Brendan Hogan and Troy Linnane have been appointed to sell the site at 70–82 Wickham Street, Fortitude Valley, known as ‘Landmark Brisbane’.
Spanning 2,416sqm across three street frontages, the site occupies a prominent gateway position at the convergence of the Brisbane CBD, Fortitude Valley and New Farm, placing it at the heart of the city’s most dynamic lifestyle, employment and growth corridors.
Concept plans have been prepared by award-winning architects Cottee Parker for striking residential schemes outlining 25 and 40 storeys, delivering 350+ apartments on both build to sell and build to rent scenarios, subject to council approval.
Colliers Queensland Residential Development Sites Director Brendan Hogan said the site was positioned just moments from Howard Smith Wharves, Brisbane’s premier riverfront dining and entertainment precinct, and only about a 15-minute walk to the Victoria Park Olympic precinct.
“This is one of the most compelling inner-city development sites Brisbane has seen in recent years and we are already seeing strong market interest from a range of local, interstate and offshore developers, as well as institutional investors and high net worth individuals,” Brendan Hogan said.
“Inner-city Brisbane is experiencing an acute undersupply of apartments, with vacancy rates below one per cent and new residential projects achieving more than $20,000 per square metre.
“The development site market in Brisbane has excellent fundamentals which are seen as having the best growth prospects of any city on the eastern seaboard of Australia, making it a great time to invest,” Brendan Hogan added.
The site boasts exceptional 360-degree view corridors, including uninterrupted outlooks across the adjoining park to the Story Bridge and Brisbane River, as well as sweeping views of Brisbane’s iconic CBD skyline, a highly sought-after attribute for future high-density residential and mixed-use development.
Colliers Queensland Residential Development Sites Director Troy Linnane said the surrounding precinct was undergoing rapid gentrification, underpinned by premium residential developments, lifestyle-driven demand and strong population growth
“South East Queensland’s population growth is driving unprecedented demand for inner-city apartments, making high-quality development sites in prime locations increasingly scarce,” Troy Linnane said.
“The sites’ gateway positioning, river and skyline views, and proximity to the Olympic precinct create a once-in-a-generation opportunity to develop a truly world-class project.”
The property is currently improved by a two-storey retail and commercial complex totalling 3,465sqm of net lettable area, providing holding income prior to redevelopment.
The site is code assessable to 25 storeys, however, surrounding development precedent combined with the recently released Fortitude Valley Sustainable Growth Precinct Plan supports increased density, with potential for 40+ storeys subject to council approval, offering genuine upside and long-term value creation.
70–82 Wickham Street, Fortitude Valley is being offered to the market via an Expressions of Interest campaign through Colliers closing on Thursday 19th March 2026.
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