14.7.3.2 Peripheral Access Control Registers (PACR0–PACR10)
What's PACR4 set to?
Is your code executing in User Mode or Supervisor Mode?
> Read: - 0x4C082704 Format 4, FS 1100 (0xC), Vector 8, SR=2704
> Write: - 0x48082708 Format 4, FS 1000 (0x8), Vector 8, SR=2708
"Privilege violation" on Read and Write, just as you say.
The Status Register has the "Supervisor" bit set (0x2000), so you're not in User Mode.
IPSBAR has to be correct or you couldn't get to any peripherals.
Check that that "MCF_QSPI_QMR" definition is correct for your CPU. You may have the wrong header file in there somehow. Especially check the assembly code that is being generated.
Tom