FOR SALE
Under Offer by Jonathan Law

193 Highgate Street
Coopers Plains QLD 4108

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 825m2
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BIG VACANT CORNER BLOCK - RIPE FOR DEVELOPMENT

Truly outstanding opportunity to secure a large, 825sqm vacant block in this high yielding suburb just 14km from the Brisbane CBD and close to significant employment nodes, bus & train transportation along with major amenity and education facilities.
Occupying on a prime corner position on Highgate Street and Troughton Road in the burgeoning suburb of Coopers Plains, the double block offers incredible scope for developing either affordable accommodation for the student/shift worker market, the option to sub-divide into two freehold titles (STCA) and construct two, big and brand-new independent homes for future sale, to rent out and enjoy strong returns, or move your family in.
A multi-unit development offers the potential to earn big profits whilst creating the chance to build a landmark development in this popular neighborhood. The demand for new & quality product in this area is very high particularly given the proximity to private colleges, Griffith University Nathan campus, two hospitals (Sunnybank and QEII Hospital), QSAC stadium and being only 5 minutes from the entertainment precincts of Sunnybank. There are a high volume of tenants looking to secure shared or student style accommodation in this area.
Site attributes include:
• Corner block
• Flat and vacant
• Simple rectangular shape
• Dual frontage
• Sub-dividable (STCA)
• Wide 39.6m frontage on Highgate St
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Property Details for 193 Highgate St, Coopers Plains

Building Type
Land
Land Size
825m2

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About Coopers Plains 4108

The size of Coopers Plains is approximately 4.2 square kilometres. It has 8 parks covering nearly 5.8% of total area. The population of Coopers Plains in 2011 was 4,207 people. By 2016 the population was 5,483 showing a population growth of 30.3% in the area during that time. The predominant age group in Coopers Plains is 20-29 years. Households in Coopers Plains are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coopers Plains work in a professional occupation. In 2011, 55.7% of the homes in Coopers Plains were owner-occupied compared with 50.2% in 2016.

Coopers Plains has 3,191 properties. Over the last 5 years, Houses in Coopers Plains have seen a 88.58% increase in median value, while Units have seen a 70.80% increase. As at 31 October 2024:

  • The median value for Houses in Coopers Plains is $1,026,807 while the median value for Units is $668,069.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 14 properties listed for sale, and 22 properties listed for rent in Coopers plains on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Coopers plains.

Suburb Insights for Coopers Plains 4108

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Jonathan Law
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Ray White Sunnybank Hills
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.