The men allegedly staked out Ibrahim's street and targeted two vehicles they mistakenly believed to be his, with Tupoulahi accused of going so far as to raise his weapon towards the driver of the second car.

"If the intended victim had been in the (vehicle) there is no doubt that (Tupoulahi) would have taken the shot," prosecutors said in a written submission to the court.

In recommending bail be denied, prosecutors submitted Zrayka was facing an "overwhelming" case against him, with much of the incident caught on CCTV.

"Police have seized telephones and pieced together the lead-up to the conspiracy to commit murder offence," the prosecution submitted.

"There was a significant level of planning involved."

The men allegedly fled the scene near Ibrahim's home after police were called, sparking a brief pursuit.

When the men were forced to stop due to heavy traffic, Zrayka surrendered while Tupoulahi was able to resist attempts to arrest him and flee into nearby properties, a document of alleged facts states.

"During this time, Tupoulahi had his balaclava on causing fear for residents who were inside their homes," the document states.

It says Tupoulahi was tasered and arrested after being disturbed by a resident who found him hiding down the side of their home.

"The prosecution submits the actions of Tupoulahi and Zrayka possess all the hallmarks of an organised crime contract murder," the document states.

It labels Ibrahim a high-profile member of the community who has family with links to organised crime.

At the time of the alleged offending, Zrayka was on a conditional release order after being found returning on a flight from Tasmania with $45,000 cash strapped to his body, prosecutors submitted.

They said based on this, along with the alleged murder plot, the court would find he must have criminal associations.

It was agreed by the parties that if the matter was to go to trial it would not be until late 2025 at the earliest.