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Buyers Agency Brisbane Market Insights – Broadway Hotel in Brisbane’s woolloongabba could to be fully restored as part of a proposed mixed-use project

As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Woolloongabba.

The state-heritage-listed Broadway Hotel in Brisbane’s inner city suburb of Woolloongabba could be fully restored, if a development application for the project, which also includes two residential towers, is approved.

The development, proposed for the vacant Logan Road site, would be a mixed-use precinct comprising 282 apartments, hotel, bar, function facilities and food and drink outlets.

It would involve a full conservation program for the Broadway Hotel, originally built in 1889, including reinstatement of the original windows, tuck-pointed brickwork, interior joinery and staircases in line with Ivan McDonald Architects’ Conservation Management Plan. The hotel will once again operate as a public bar, restaurant and function venue, reconnecting with Logan Road through open verandahs and new courtyard spaces.

 

Market Snapshot – Woolloongabba

Median house price House annual price growth Houses sold over past 12 months Median Unit price Unit annual price  growth Units sold over the past 12 months Population Median age of residents % of homes rented
$1,275,000 4.51% 45 $696,772 15.17% 198 8,687 29 69.6%

Source: CoreLogic, ABS 2021 Census

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