The Sisters of Mercy have listed their Bardon property, previously the Congregation’s novitiate, for sale. The property is a 148,064 sqm amalgamation with views of the Brisbane CBD and towards Moreton Bay. The site holds significant development potential, suitable for a range of uses including multi-level residential, a large private home, land subdivision, education, retirement and aged care or even a health and wellness precinct.
The property currently houses the Sisters of Mercy Congregation administration offices, and was until last year also used as accommodation and conference facilities. The facilities are positioned atop a hill with street frontage to Simpsons Road, Macrae Road and Gordon Road, within the Mt Coot-tha Local Area Plan.
Located at 371 Simpsons Road, Bardon, approximately five kilometres north-west of the Brisbane CBD. The site is recognised as a significant green backdrop to the city and is positioned within one of Brisbane’s most coveted and affluent inner-west suburbs.
A significant parcel within the property of approximately 13,090 sqm is unaffected by a Vegetation Protection Order in place over the remaining acreage. This specific area lends itself to a number of uses including multi-residential, retirement, gated community, health and wellness precincts or a major home site for a high-net-worth private investor.
According to the Sisters of Mercy, a review was undertaken of the landholding following a reduction in size of the congregation with the site subsequently deemed to be surplus to its needs. The Sisters of Mercy will be relocating the Congregation offices to an alternative property once a renovation process is complete.
Cushman & Wakefield’s Joint Heads of Middle Markets, Queensland, Mike Walsh and Peter Court, have been exclusively appointed to manage the sale on behalf of Sisters of Mercy.
Peter Court said: “Given the sheer size, unique nature and range of suitable development purposes for the Bardon site, we are expecting overwhelming interest from a range of developers.”
Mike Walsh said: “This is a truly unique piece of Brisbane real estate with limitless potential for an incoming purchaser to craft a vision for such a substantial inner-city holding.”