FOR SALE
$6,000,000

284 Pine Mountain Road
Carina Heights QLD 4152

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5212m2
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Prime Development Opportunity: Exceptional Infill Subdivision with Development Approval

Introducing a rare and highly sought-after development opportunity at 284 Pine Mountain Road, Carina Heights. This premium property has secured development approval for a 1 into 10 subdivision, featuring individual sites ranging from 380m² to 500m².
Infill subdivision sites within Brisbane's inner city ring are increasingly scarce, making this offering particularly valuable for astute developers and investors.
Key Features:
• Development Approval: Approved for a 1 into 10 subdivision.
• Lot Sizes: Ranging from 380m² to 500m².
• Prime Location: Situated in the heart of Carina Heights, a desirable suburb within the inner Brisbane area.
• Proximity to Amenities: Close to local shops, cafes, schools, parks, and public transport options, ensuring convenience and a high quality of life for future residents.
• Accessibility: Only a short drive to the Brisbane CBD, providing excellent connectivity for commuters and easy access to the city's business, cultural, and entertainment districts.
This property represents an unparalleled opportunity to secure a prime development site in a thriving and well-connected community. Don't miss your chance to capitalize on this rare offering in Carina Heights.
For further details, to obtain a copy of the IM and to arrange a site inspection, please contact Solomon Michael.
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Property Details for 284 Pine Mountain Rd, Carina Heights

Building Type
Land
Land Size
5212m2

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About Carina Heights 4152

The size of Carina Heights is approximately 3.4 square kilometres. It has 10 parks covering nearly 36.3% of total area. The population of Carina Heights in 2011 was 6,111 people. By 2016 the population was 6,732 showing a population growth of 10.2% in the area during that time. The predominant age group in Carina Heights is 20-29 years. Households in Carina Heights are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carina Heights work in a professional occupation. In 2011, 54.7% of the homes in Carina Heights were owner-occupied compared with 53.1% in 2016.

Carina Heights has 3,485 properties. Over the last 5 years, Houses in Carina Heights have seen a 90.43% increase in median value, while Units have seen a 88.92% increase. As at 30 November 2024:

  • The median value for Houses in Carina Heights is $1,292,339 while the median value for Units is $859,917.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Carina heights on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Carina heights.

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Solomon Michael
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