After an elders meeting with the Brisbane Mayor a spokesman for the council said the protesters would be able to maintain a marquee, "a couple of tents" and an open fire on the embassy site.
Local Original activist Sam Watson said tensions from last week's eviction remained but the Indigenous community was nevertheless positive at the prospect of formal ownership over the second site.
"For the first time our connection, our right to have a say in the way in which this park is used, has finally been acknowledged."