SOLD
RECENT ADVICE
Sold on 19 Dec 2023 for $1,050,000

12 Waterloo Street
Cleveland QLD 4163

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 809m2
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Property Details for 12 Waterloo St, Cleveland

12 Waterloo St, Cleveland is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Cleveland in the last 12 months.

Building Type
House
Land Size
809m2
Local Government
Redland
Lot/Plan
8/RP72887

Last Listing description (December 2023)

This prestige site occupies 809m2 of prime land just metres from Cleveland's town centre and boasting panoramic bay views of Raby Bay's Harbour Precinct and beyond from the expansive 40 metre northern facing boundary from the higher floors of any potential development.

Zoned MDR4, this prime allotment represents 'position perfect' for a new residential development commanding a premium price with picturesque views, or opportunity to establish a medical or health care centre with its high exposure location, or land banking for your future investment.

Boasting an approximate 20 metre frontage and up to 40 metre depth, recent planning advice suggests the 809m2 site is able to accommodate up to approximately 6 storey unit development (STCA)* or multiple other uses given its principal location and zoning.

Planning advice also suggests that the property can also be used for (STCA)*:
- Medical Centre
- Health Care Centre
- Multiple Dwellings
- Residential Care Facility (including NDIS)
- Retirement Facility
- Rooming Accommodation
- Short Term Accommodation

Also within walking distance of Raby Bay's Harbour Precinct, Redland's Performing Arts Centre, Cleveland's CBD, Redlands RSL, parks, playgrounds, charming pathways and surrounded by excellent public transport routes (buses and trains) as well as an abundance of cafes, restaurants and shops.

The location's exclusive lifestyle appeal lends itself to the creation of a deluxe enclave exhibiting sweeping northerly views of the bay as well as capturing the tranquility of the community green spaces in the nearby nature reserves and parks making this site a very desirable and walkable location.

Currently accommodating a duplex with a rental return to cover some of the holding costs while future plans for the property are undertaken, this is a truly unique opportunity with multiple potential uses (STCA)*.

Exclusive property highlights:
- 160 m radius to Redlands Performing Arts Centre
- 210 m radius to Cleveland Early Learning Centre
- 210 m radius to Merv Genrich Park
- 300 m radius to Cleveland Library
- 300m radius to an abundance of strip type retailers, cafes, doctors, allied health, dentists and other services
- 350 m radius to Redland's Business Centre
- 450 m radius to Cleveland train station
- 500 m radius to Coles / Woolworths
- 750 m radius to Raby Bay Harbour Precinct
- 850 m radius to Cleveland State Primary School
- 850 m radius to Cleveland Primary School
- 950 m radius to Cleveland District State High School
- 3.1 km radius to the Redland Hospital
- 33 km radius to Brisbane Airport
- 10 minute walk to Redlands RSL
- 14 minute walk to Cleveland Bowls Club

*Subject to Council Approval (the Redland City Council).

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Property History for 12 Waterloo St, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$1,050,000
19 Dec 2023
Listed for Rent
$210/w
08 Apr 2011
  • 19 Dec 2023
    Sold for $1,050,000
  • 17 Aug 2023
    Listed for Sale Sold
  • 25 Aug 2020
    Listed for Sale EXPRESSION OF INTEREST
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About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of total area. The population of Cleveland in 2011 was 14,413 people. By 2016 the population was 14,791 showing a population growth of 2.6% in the area during that time. The predominant age group in Cleveland is 50-59 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation. In 2011, 63% of the homes in Cleveland were owner-occupied compared with 62.2% in 2016.

Cleveland has 8,901 properties. Over the last 5 years, Houses in Cleveland have seen a 76.67% increase in median value, while Units have seen a 73.28% increase. As at 31 July 2024:

  • The median value for Houses in Cleveland is $1,131,818 while the median value for Units is $694,520.
  • Houses have a median rent of $700 while Units have a median rent of $590.
There are currently 91 properties listed for sale, and 37 properties listed for rent in Cleveland on OnTheHouse. According to CoreLogic's data, 438 properties were sold in the past 12 months in Cleveland.

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