392-396 Old Cleveland Road, Coorparoo

  • 10

    Beds
  • 5

    Baths
  • 9

    Cars

Price
Offers over $2.25M

Approved Townhome Development Site, only 6 km from Brisbane CBD with $71.5k P.A. Holding Income!

• Development Approval for 11 Townhomes
• Feasibility Study available on request
• Townhome sale appraisals
• Townhome rental appraisals

The site currently has:
• 3 bedroom house: 392 Old Cleveland Rd, Coorparoo
• Block of 4 units: 1-4/396 Old Cleveland Rd, Coorparoo

All properties are currently leased:
• Rental Income: $71,500 p.a ($1,375 per week)
Outgoings:
• Rates: $8,101.2 p.a approx.

Approved for 11 townhomes, this incredible development site is situated in a prime location only 6 km from Brisbane CBD. It’s also only a short stroll from the supermarkets, Coorparoo Square Shopping, Dendy Cinemas and a multitude of services and dining options. Huge variety of specialty stores at the Westfield Carindale Shopping Centre is only a 7 min drive.
Close to public transport and surrounded by some of Brisbane’s best schools including Villanova College and SaintThomas’ School, this area has an amazing community feel.

All townhomes have exceptional floor plans with a range of bedroom configurations that utilise rectangular designs for ease of construction. They also have large patios, courtyards and balconies that take full advantage of the site.

The 1,410 m2 GFA site is approved for 11 Townhomes and 17 car parks (including 1 tandem) and 2 visitor car parks.

Townhomes 1 – 2 (both 102 m2)
• 2 levels
• 3 bedrooms
• 2.5 bathrooms
• 1 car park
• 2 x balconies (townhome 2)
• 4 x balconies (townhome 1)

Townhomes 3 – 5 (149 m2, 149 m2 and 156 m2)
• 3 levels
• 4 bedrooms
• 4.5 bathrooms
• 2 car parks
• 2 x balconies
• large patio & courtyard

Townhomes 6 – 9 (all 130 m2)
• 3 levels
• 3 bedrooms
• 3.5 bathrooms
• 2 car parks
• 2 x balconies
• large patio & courtyard

Townhomes 10 – 11 (130 m2 and 102 m2)
• 2 levels
• 3 bedrooms
• 2.5 bathrooms
• 1 car park
• 1 x balcony (townhome 10)
• 2 x balconies (townhome 11)
• large patio & courtyard (townhome 11)

Feasibility study and DA approved plans are available on request. We can also assist with townhome sale and rental appraisals.

Proximity:

Shops:
• Coorparoo Square Shopping Centre: 0.4 km
• Aldi: 0.4 km
• Coles 0.6 km
• Woolworths: 0.6 km
• Tradelink: 0.4 km
• Westfield Carindale Shopping Centre: 4.5 km
• The Cheesecake Shop Coorparoo: 34 m

Schools:
• KidCademy Early Learning Centre: 0.3 km
• Coorparoo State School: 0.3 km
• Saint Thomas Catholic Primary School: 1.3 km
• Coorparoo Secondary College: 1.4 km
• Villanova College: 1.7 km
• Churchie: 3.4 km

Transport:
• Bus stop: Opposite the site / 0.2 km
• Coorparoo Train station: 1.2 km

Miscellaneous:
• Chemist: 0.3 km
• Wembley Park: 0.3 km
• Dendy Cinema: 0.4 km
• McDonalds: 1.3 km
• Stones Corner: 2.5 km
• PA Hospital: 3.5 km
• Brisbane CBD: 6 km

Disclaimer: Information contained on the Website is indicative in nature only should not be relied upon and you should make your own enquiries and seek advice from appropriate experts (including but not limited to Legal, Financial and Planning experts) in respect of any property on the Website or the information about the property contained on the Website. The Seller and agent make no representations that any material used in advertising this property is accurate or complete.

  • 10

    Beds
  • 5

    Baths
  • 9

    Cars

Price
Offers over $2.25M

   PRINT BROCHURE

Get in Touch

Message has been sent successfully.
  • back to search
    results