Prime Development Site: 1,388m² in Coorparoo's Expansion Zone
DA Approved Plans for 11 Townhomes in Sought-After Brisbane Location
392-396 Old Cleveland Road, Coorparoo QLD 4151
Development Site
Key Highlights and Features
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 properties are currently leased:
• Rental Income: $71,500 p.a ($1,375 p.w)
Outgoings:
• Rates: approx. $8,101.2 p.a
3-Bed House + Block of Units
1,388m2