A large inner-city property at 112 Raceview Avenue in Hendra currently used to house horses has been listed for sale, with approval already in place for a 66-lot residential subdivision.
From Horse Paddocks to Residential Site
The 55,600-square-metre block sits just north of Doomben Racecourse and backs onto Southern Cross Way, placing it within about seven kilometres of central Brisbane. The site is currently home to around 20 horses.
Positioned near established suburbs including Ascot and Clayfield, the land is being offered through an expression of interest campaign. Interest has been reported as strong, with formal offers expected closer to the campaign’s closing date.
Approved Plans in Place
Approval has been granted for the development of 66 houses, along with internal roads and green space across the site. The approval was issued on March 23, 2026.
The proposed subdivision includes an average lot size of about 427 square metres. The approval would lapse on June 19, 2030, if not acted on.
Demand in Hendra Drives Attention
The offering comes amid continued demand in Hendra, where property values have risen sharply in recent years. The suburb’s median house price now exceeds $2 million.
Agents handling the campaign have indicated solid enquiry levels, though the expected sale price has not been disclosed. The expression of interest process is scheduled to close at the end of April.
Transition Raises Local Concerns
The planned shift from horse paddocks to residential housing has prompted concern among those currently using the land. The property is used by horse owners, and one tenant has been advised that users may need to leave within a timeframe ranging from six months to a couple of years.
A petition opposing the development has attracted more than 600 signatures, highlighting concerns about the loss of space for horse care and changes to the area’s character.
Submissions have also raised issues relating to flooding, traffic, and the level of green space included in the proposal. The site is known to be prone to flooding.
Large Infill Site Offered to Market
The 5.56-hectare holding represents a substantial infill land opportunity within Hendra, combining a large land area with proximity to the Brisbane CBD. Its current use as a horse property is expected to change if the approved subdivision proceeds.
The expression of interest campaign for the Raceview Avenue site is set to close on April 30.
Published 12-Apr-2026
