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 3,468 properties. Over the last 5 years, Houses in Carina Heights have seen a 86.21% increase in median value, while Units have seen a 89.04% increase. As at 31 October 2024:

  • The median value for Houses in Carina Heights is $1,236,319 while the median value for Units is $853,128.
  • Houses have a median rent of $698 while Units have a median rent of $650.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Carina heights on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Carina heights.

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Solomon Michael
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