OFF MARKET

28 Montpelier Street
Clayfield QLD 4011

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 160m2
Land area: 486m2
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Last updated 14 Oct 2024
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Property Details for 28 Montpelier St, Clayfield

28 Montpelier St, Clayfield is a 3 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 486m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1950
Floor Size
160m2
Land Size
486m2
Local Government
Brisbane
Lot/Plan
5/RP42027

Last Listing description (June 2023)

CALLING ALL DEVELOPERS - This huge blue chip 2,105sqm potential development site is generously spread over four blocks featuring two street frontage with ideal access via Montpelier St, Clayfield and high site cover for maximum land utilisation. It offers a rare opportunity to develop 29+ unique unit apartments* in the tightly held inner city north-eastern suburb of Clayfield for lucrative profits.

This is a once-in-a-lifetime opportunity to take the bull by the horns and leverage a large-scale development to achieve phenomenal returns.


The properties feature freestanding buildings on-site currently generating holding rental income.

Features include:
2,105sqm site spanning four titles with dual street frontage
Potentially develop 29+ apartments or more (subject to Council approval)
QPP-LMR2 Zoning
Located in the prestigious inner-city north suburb of Clayfield.
High site cover* for major development & land utilisation
Unlimited potential for many various developments
Potential holding income from structures on all four titles
Plenty of parkland areas and public transport options within walking distance.
Sought after primary school catchment area precinct
Short drive to Brisbane Domestic & International Airports
Doomben and Eagle Farm Racecourses nearby
Oriel Place, Portside Wharf and Eat Street Markets within a short distance.
Close to major shopping centres, Toombul Shopping Ctr, Bunnings and DFO.
Convenient access to major transport roads including; Airport Links, Inner City Bypass, Southern Cross Way and Gateway Motorway.

This is a once in a lifetime opportunity to secure a development site in the prestigious Clayfield for a highly profitable development. The owners say SELL! and will consider all serious offers.

For enquiries or further information, please contact exclusive agent Liam MacGinley before it's too late.

*Development subject to Brisbane City Council approval.

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Property History for 28 Montpelier St, Clayfield, QLD 4011

A timeline of how this property has performed in the market
Last Sold
$1,098,000
10 Feb 2023
Listed for Rent
$650/w
30 Aug 2013
  • 10 Feb 2023
    Sold for $1,098,000
  • 20 Oct 2022
    Listed for Sale Under Contract
  • 15 Mar 2018
    Listed for Sale DEVELOP & PROFIT
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About Clayfield 4011

The size of Clayfield is approximately 2.8 square kilometres. It has 4 parks covering nearly 1.6% of total area. The population of Clayfield in 2011 was 10,006 people. By 2016 the population was 10,585 showing a population growth of 5.8% in the area during that time. The predominant age group in Clayfield is 30-39 years. Households in Clayfield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clayfield work in a professional occupation. In 2011, 52.6% of the homes in Clayfield were owner-occupied compared with 52.4% in 2016.

Clayfield has 6,302 properties. Over the last 5 years, Houses in Clayfield have seen a 71.41% increase in median value, while Units have seen a 76.28% increase. As at 30 September 2024:

  • The median value for Houses in Clayfield is $1,889,192 while the median value for Units is $644,306.
  • Houses have a median rent of $625 while Units have a median rent of $530.
There are currently 57 properties listed for sale, and 26 properties listed for rent in Clayfield on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in Clayfield.

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