Approved Townhome Development Site with potential City Views (watch 1 min video), only 6 km from Brisbane CBD with $71.5k P.A. Holding Income!

392-396 Old Cleveland Road, Coorparoo, 4151

Ads By Google

11 AUDEst. Mortgage: AUD 0/monthFor Sale
  • Ownership Type Residential Land
  • Property Area 1,388 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

• 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.

Contact Nik Seirlis - Development Specialist on 0411 555 355 for a detailed DA Site Information Pack.

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 plans are available on request. We can also assist with townhome sale and rental appraisals. Contact Nik Seirlis - Development Specialist on 0411 555 355 for a detailed DA Site Information Pack.

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.

Location on Google Map

392-396 Old Cleveland Road, Coorparoo, 4151

Ads By Google

Similar properties in this area

Prime Development Site
Prime Development Site AUD 950,000 . Studio . Shared Bath
UNDER CONTRACT
UNDER CONTRACT For Rent . Contact for Price . 2 Beds . 1 Baths
City Centre Lifestyle at it's Best
City Centre Lifestyle at it's Best AUD 305,000 . 2 Beds . 2 Baths
SMART CITY LIVING
SMART CITY LIVING AUD 349,000 . 2 Beds . 2 Baths
BRING THE FUN!
BRING THE FUN! AUD 475,000 . 2 Beds . 2 Baths
CBD Living
CBD Living AUD 325,000 . 2 Beds . 1 Baths
Stop Dreaming - You Can Own it!
Stop Dreaming - You Can Own it! For Rent . Contact for Price . 1 Beds . 1 Baths
Live where the ACTION is!
Live where the ACTION is! AUD 550,000 . 3 Beds . 2 Baths
BRIGHT ONE BEDROOM IN HEART OF CBD
BRIGHT ONE BEDROOM IN HEART OF CBD AUD 290,000 . 1 Beds . 1 Baths
Picture This: Spacious. Convenient. Affordable City Living.
Picture This: Spacious. Convenient. Affordable City Living. For Rent . Contact for Price . 2 Beds . 2 Baths
Modern Apartment On The Fringe Of CBD
Modern Apartment On The Fringe Of CBD AUD 449,000 . 3 Beds . 2 Baths
Like New - 12th floor with epic city views!
Like New - 12th floor with epic city views! AUD 440,000 . 2 Beds . 2 Baths
Classy Skyhome in Iconic Building
Classy Skyhome in Iconic Building AUD 700,000 . 3 Beds . 2 Baths
'Home' in the Heart of the CBD
'Home' in the Heart of the CBD AUD 240,000 . 1 Beds . 1 Baths
LIVING LARGE IN THE CITY
LIVING LARGE IN THE CITY AUD 499,000 . 3 Beds . 2 Baths
Invest Savvy!
Invest Savvy! AUD 250,000 . 1 Beds . 1 Baths
3 Bedroom Apartment Great Water Views!
3 Bedroom Apartment Great Water Views! AUD 559,000 . 3 Beds . 2 Baths
Be in the heart of the city
Be in the heart of the city For Rent . Contact for Price . 1 Beds . 1 Baths
VERSATILE PROPERTY. TOP RETURNS.
VERSATILE PROPERTY. TOP RETURNS. AUD 469,000 . 3 Beds . 2 Baths
Sunset Views Over The City
Sunset Views Over The City AUD 190,000 . 1 Beds . 1 Baths
Ultimate City Fringe Living
Ultimate City Fringe Living For Rent . Contact for Price . 2 Beds . 2 Baths
Enjoy everything the city has to offer with this modern unit!
Enjoy everything the city has to offer with this modern unit! AUD 450,000 . 2 Beds . 2 Baths
City Lifestyle or Great Investment
City Lifestyle or Great Investment AUD 349,000 . 2 Beds . 2 Baths
Entertainer’s Paradise!
Entertainer’s Paradise! AUD 410,000 . 3 Beds . 2 Baths